This is our economics project.
By Landon Berry, Matt McCoy, Connor Russell (not Andy; he broke his brain)
Dunder Mifflin Inc. is a micro-cap regional paper and office supply distributor with an emphasis on servicing small-business clients. The corporate office is based in New York City. Dunder Mifflin has branches in Buffalo, Albany, Utica, Scranton, Akron, Camden, Nashua and Yonkers.
DMI falls into a monopolistic competitive market structure, as there are many producers and consumers in the market. Barriers include education and licencing requirements. Producers have a degree of control over price, but as DMI is a smaller, regional company, prices must remain competitive with larger office supply sellers (Staples, OfficeMax, etc.) As Dunder Mifflin is a retail-trade corporation, and exists in a market with many small firms, it therefore exists in a market structure of monopolistic competition.
Monsters, Inc.'s main duty is to provide all citizens in Monstropolis with energy in the form of captured screams collected from children. They accomplish this by crossing into the human world through the closets of children's bedrooms and scaring them to the best of their ability, causing the children to scream The screams are then collected in special canisters for use as energy. The company's operations are based in a massive factory-like facility. Scaring takes places in rooms called "Scare Floors," where the monsters cross over into the human world using the doors of the children's closets. The company is headed by CEO and President, James Waternoose. The company operates as a regional monopoly; it is the only power supplier in the city of Monstropolis and therefore has no competition. This complete absence of competition, along with barriers of entry (the entire city is powered by the company; the infrastructure required to establish a new power company, when there is already one one operating monopolistically, would be immense) allows Monsters, Inc. to operate in a monopolistic market structure.