How monopolistic position might actually benefit the public


Assignment:

Market Structure or Risk

Option 1

Choose a company that you believe is a monopoly and describe the specific market conditions that lead you to conclude that it is one. Does the company's monopolistic status automatically make it harmful to the economy or the public? Provide an example that demonstrates how its monopolistic position might actually benefit the public. If you cannot do so, make a strong argument to the contrary that shows how the firm's monopoly power is harmful.

Option 2

Using the industry and company you are analyzing for your final project, discuss one internal and one external risk that companies operating in this industry face. As a Senior Manager of that company, what can you do to minimize their impacts? What changes or events, if any, would it take to eliminate these risks? Explain.

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Microeconomics: How monopolistic position might actually benefit the public
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