Hey friends! A comic to kick start your thinking process!

Question 1: How is...

1. Demand and Supply
2. Productive Efficiency
3. Market Failure
4. Government Intervention

shown in the above comic strip?

Question 2: What does...

1. The Boy
2. The Girl
3. The Women

represent in a market?

Question 3: What should...

1. The boy do to increase profits?
2. The women do to solve the problem?

Question 4: In comic box 9...

What is the girl doing and what decision making is going through her head?

Some thoughts...

How is the boy acting like a monopolist?
Is there any point in Economics which the comic has wrongly potrayed?

Zhen Qiang (:

Labels: Monopoly