[huemman]

I was asked to write an academic paper with the topic. There was a question and it goes like this. "What are the predicted price?". The question pertains to the possible outcomes of each models. I can't determine what are the predicted price. Please help me.

[joypulv]

That's it? That's all you were given? You design and define a few companies under an oligopoly and products and predict their prices? Hard to believe that's the entire instruction.

[huemman]

Price outcomes of the 5 oligopoly models differ substantially. Which models produces the lowest and highest total profits (all firms combined)? What are the predicted prices? Provide aviation industry examples of routes or markets that might approximate each of these two outcomes. Price outcomes of the 5 oligopoly models differ substantially. Which models produces the lowest and highest total profits (all firms combined)? What are the predicted prices? Provide aviation industry examples of routes or markets that might approximate each of these two outcomes.

Here's the entire instruction

[joypulv]

But aren't the questions based on your course material???? I for one am not going to look up what the 5 models are, if there are 5. This is a broad topic not suited for help online. You want us to write an entire essay.