Using what you have learned in this week's readings, and in consideration of the arguments made by Chandler in one of your assigned readings, Enduring Logic of Industrial Success, answer this question:

What role will technological advancement play in the future evolution of firms and industries?

Create a graph that illustrates the effect of technological advancement on the different cost curves discussed in this module.

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.

Requirements:

Your paper should be at least 3 pages in length and must conform to the APA format.

Include the supply-demand graph you created based on the requirements established.

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.

Chapter 8 in Introduction to Microeconomics

Chapters 7 & 15 in The Economics of Public Issues

Chandler Jr., A. D. (1990). The enduring logic of industrial success. Harvard Business Review, 68(2), 130-140.