The impact of Game Theory on prices/market
Do income changes impact purchase decisions
Is the market homogeneous? Why or why not?
How does the concept of market equilibrium impact the market over time?
Does advertising impact elasticity? Provide examples
Cross elasticity of demand over time, how do substitutes impact the market over time
What factors impact pricing over time?
Is there a tax impact/subsidy to this market? Who bears the burden?
Cartels, price discrimination, or monopolistic behaviors?
Concentration of producers/buyers
Supply/Demand analysis
Substitutes and complements impact:
Market failure/gov’t intervention
Normal, inferior, and luxury in this market
Pure competition, monopolistic competition, or oligopoly. Why?