what is the final output is being produced in your industry (music industry).

questions to answers for the essay:

  1. what is the final output is being produced in your industry (music industry).
  2. what things are likely to affect demand for this product or services?

3.what things are likely to affect the supply of this product or service.

  1. would you say that demand is elastic or inelastic? why?
  2. what market structure best characterizes your chosen industry?
  3. what, if any, sort of government regulations exists in your industry?
  4. Have there been any antitrust cases in your industry?
  5. what sort of international trade restrictions affect your industry?
  6. how can your unique contribution to a firm within this industry enable the firm to prosper?