(500 Word Min) Economics Class Discussion 9, Cite Sources (Web Links)

Each week, you must answer questions provided by the Professor on articles from The Wall Street Journal or The New York Times. You are expected to participate in these discussions each week.

Wall Street Journal, Page B5, March 7, 2016, “Paid Music Service Aims to Attract Young Fans.

1. What is the structure of this industry? You should discuss concepts like barriers, number of demanders and suppliers, etc.
2. Please discuss possible strategies that companies could employ to attempt to change their industry structure.