Read the attached two peer-reviewed journal articles and develop a 2-3-page essay by addressing the following topics.
1. Provide a brief summary of major findings from each article.
2. Compare and contrast views and perspectives on monopoly discussed in both articles.
3. What does Yoon (2007) find regarding the impact of monopoly on social welfare?
4. Discuss main contributions of each article to the knowledge of price elasticity of gasoline.
• how does each article deal with the concept of monopoly and its source of power and impacts, compared to existing literature?
