n this assignment, you will develop a paper in which you select an industry that interests you, describe that industry, and explain how government might impact the industry.
A paper template is provided below for this assignment.
Use the Week 5 Microeconomic Paper Template [DOCX] to help you get started (optional).
Review your chapter readings and use the resources provided to develop a 2–3 page paper on Economic Principles – Microeconomics in which you:
Choose an industry that interests you. (Remember, an industry is not a company. An industry is a group of companies doing the same thing. Ford is a company. Automobile manufacturing is an industry.)
Do research on your industry. In a few short paragraphs, describe your selected industry:
Be sure to write in your own words.
Identify some of the major companies in this industry.
Identify the goods, and/or services this industry produces.
Add anything else about the industry that you think is interesting.
Keep track of your sources by copying their Internet addresses (URLs). You can paste these URLs at the end of your paper as your references.
Describe a microeconomic variable for your industry. Microeconomic variables include prices, sales, production, advertising, investment, and so on.
Include a graph, chart, or table showing this microeconomic variable over time.
You do not need to create this graph, chart, or table. Find one that has already been created and paste it into your paper. For example, if your industry is U.S. automobile manufacturing, Google, “U.S. automobile manufacturing over time.” Select the “images” option. Choose one of the graphs, charts, or tables. Then copy and paste it into your paper.
Include a reference to the source of the graph, chart, or table. Microeconomic relationships and market outcomes are covered in Weeks 2–4.
Describe one way the government might impact this industry. Examples might include price controls, regulations, taxes, or any other way you can think of.
Government intervention through price controls, regulations, taxes, and antitrust enforcement were covered in Weeks 2 and 4
Writing Template attached
Industry is Starbucks
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more