Refer to the table below to find which key conceptterm you are assigned via your last name. Then create a discussion thread and:

• Define the assigned term (Market Power)
• Provide an original, economics-based explanation of the term
• Provide a real/hypothetical contextual example (different from that provided in the text) of the term as it is applied to economics.
• Respond and engage with at least two of your classmates.

Mankiw, G. N. (2018). Principles of Macroeconomics. Boston, MA: Cengage Learning.

• Chapter 1: Ten Principles of Economics
• Chapter 2: Thinking Like an Economist