II. Essays 3) Production theory and cost processesFor this question, please find an article from a mainstream news source pertaining to the same firm you selected for your term project that discusses economies of scale and scopein the market forthe product.Please also discuss whether you think that the graphs and noted shocks are consistent with the zoom lecture on this topic. (please use graphs to support your answer). 4) Oligopoly and Game theory, pricing topics OR competition: Pure, Monopolistic, Monopoly For this question, please consider the following four market structures that we covered in the zoom lectures: Pure competition, Monopolistic competition, monopoly, and oligopoly. Please select one product market that the firm you selected for your term project operates in. Of the above four market structures, which one does your firm operate within regardingits operation in this market? (Please find an article from a mainstream news source that support your answer). Requirements: 1-2 paragraphs each
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