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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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In this week I have selected an article related to the digestive system disorder which is named as” Gastrointestinal Tract disorder in older age” which was published by a number of authors on 17th Jan...

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Week 6 Term Paper 2

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Q For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen. You can use an article online or offline from any reputable source. You will write up a review of the article and integrate course concepts into your review. Please make sure you both summarize the article and discuss how it relates to the course.

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Monopoly is a market scenario where only one seller exists with no competitors in the marketplace. There is no close substitution of the goods and services(Rittenberg, 2009). Having a monopoly is advantageous for the organization as there are no substitutes, there are no competitors, and there is only seller thus the consumers have no option or power and have to accept the prices offered by the sole seller. Monopolies are not good for the marketplace and the overall economy.