Based upon this weekâ€™s readings, analyze an article published within 60 days prior to the term that deals with a monopolyâ€”closed, open, or natural.
Analyze the factors driving change in the industry. Are there potential changes due to globalization or technology that might alter this firmâ€™s position as a monopolist? What are they? Why would they alter the firmâ€™s position as a monopolist?
Include a supply-demand graph relevant to a monopoly. Please note, that you need to create the graph and not copy it from any source. Any copied and pasted graphs will not earn any points.
Incorporate at least three scholarly references that are not required readings for this module. The CSU-Global Library is a good place to find these references.
Prior Notes from teacher on earlier paper:
Note there is always need to report and apply actual industry data on cost savings tied to technological efficiency and gains for firms and trends from research in this based on the research conducted that is tied to research tied to the role that technological advancement plays in the future evolution of firms and industries and including graphical representations. I also noted the role of efficiencies from lean innovation and the fact that you included the cost curve analysis graphical representation as required by the assignment description.
Grafs: graphs need industry example and/or reference to a sector of the economy that has benefited from technological innovation.
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