How did the monopoly arise? Did the monopoly increase barriers to entry? Does the company behave like a monopoly or more like a competitive firm? Has the monopoly been cited for monopoly behavior? If so, discuss the behavior and the final outcome of the case. (Hint: Both Microsoft and Wal-Mart have been found guilty of monopoly behavior.)
Assessment Preparation Checklist:
The focus of this analysis assignment is to calculate revenue, cost, and profit measures for a monopoly and a perfectly competitive firm.