Web Links

Marginal URLs:

• p. 663: Follow the link http://subscribe.wsj.com/microexamples/monopolisticcompetition.html to Wall Street Journal articles about real-world examples involving monopolistic competition.

• For links to Web sites of the numerous competitors in the model train industry, go to http://showcase.netins.net/web/music_man/trainlinks.html.
• Learn about the structure of Union Pacific's model train licensing program at http://www.uprr.com/aboutup/licensing/index.shtml.

Legal Services on the Internet

A number of legal firms now offer services on the Internet, and in this application you contemplate features of the market for Web-based legal services.

Title: Nolo.com—Law for All

Navigation: Visit http://www.nolo.com/.

Application: Answer the following questions.

1. In what respects does the market for legal services, such as those provided online by Nolo.com, have the characteristics of a monopolistically competitive industry?

2. How can providers of legal services differentiate their products? How does Nolo.com attempt to do this?