SS Panels 2

SS Panels 2

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Storyboard Description

Term 3 Project

Storyboard Text

  • Panel 7: Monopolistic Competition (Interview)
  • Company B is an example of Monopolistic Competition.
  • Interviewee
  • Panel 8: Monopoly
  • This kind of market possesses complete control over the price and the products are unique / one of a kind. RA 10667 is the Philippine Competition Act.
  • Panel 9: Monopoly (Reenactment)
  • "Why don't we increase the price, so we can earn more money? They'll buy our product anyway!"
  • This part of the documentary answers questions about the presence of corruption in the specific type of market. Question: How difficult is it to enter the industry with the emergence of top competitors? / Do you engage in friendly competition with your fellow competitors in the Philippines?
  • Panel 10: Synthesis
  • Corruption may be present in all market structures.
  • This part of the documentary defines the market type and introduces the example to the audience (e.g. Meralco and Maynilad in METRO MANILA). Discussion of RA 10667 will be included as well.
  • This portion of the documentary will show how a monopoly can raise the price of a product and the demand will remain constant/high, especially when it is a need.
  • This part of the documentary shows how corruption may be present in all market structures and gives a brief overview of all types.
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