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QUESTION

1. Review the following companies and give your opinion (as informed by economic concepts from class and the textbook) about whether each company as

1.     Review the following companies and give your opinion (as informed by economic concepts from class and the textbook) about whether each company as "no ability", "very limited ability", "some ability", "a lot of ability" or "total ability" to exercise market power (i.e., affect quantity and/or price) in the markets in which they sell products. Briefly explain your answer for each company.

·        Syngenta Crop Protection

·        Tyson Foods

·        General Foods

·        McDonalds

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