•From the scenario for Katrina’s Candies, determine the
appropriate type of market structure for the situation in question.
Cite at least four (4) defining characteristics that have helped
you reach this decision regarding the appropriateness of the chosen
structure. •Imagine that you are a manager of a chemical company.
An accident has occurred in which chemicals leaked into the ground
water nearby. The community is unaware of the accident. Compare the
primary costs involved in cleaning up the water immediately (and
thus confessing) versus hiding your culpability now and possibly
paying more in the future. Predict the impact on profitability in
both situations.
Field of study:
