Identify the impact of the policy on demand

Assignment Help Microeconomics
Reference no: EM13781188

Select an article in a newspaper or magazine that discusses a government policy on goods or services. Analyze the situation and write an articulate and informative paper containing the following:

  • Summarize the article using at least three economic terms and theories covered in class.
  • Identify the impact of the policy on demand or supply of the good(s) or service(s). Discuss the change(s).
  • Draw a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve.

Adhere to the following standards:

  • Your paper should be three to five pages in length, not including the title or references pages.
  • Your paper should include an introduction, a body with at least two fully developed paragraphs, and a conclusion. APA format.

Reference no: EM13781188

Questions Cloud

Practice of sperm and egg donation : Assess the ethical issues surrounding assisted reproduction, surrogate parenting, and the practice of sperm and egg donation. What ethical dilemmas surround surrogate parenting? What are the implications for the definition of family? Because surro..
Anthropology-south east asia : For this assignment you need to choose an article on some part of Southeast Asia from an anthropology journal. Journals like American Anthropologist or American Ethnologist can be found in the library at GN1 or online through the library website..
Faced with the option of when to harvest the lumber : The company is faced with the option of when to harvest the lumber. Whatever harvest cycle the company chooses, it will follow that cycle in perpetuity. Since the forest was planted 20 years ago, the options available in the case are 40-, 45-, 50, an..
Assignment on life styles inventory : The raw and percentile scores in the table below and the extensions on the circumplex shown on the next page depict your perceptions of how you think and behave.
Identify the impact of the policy on demand : Summarize the article using at least three economic terms and theories covered in class - Identify the impact of the policy on demand or supply of the good(s) or service(s). Discuss the change(s).
Global issues in business issues : What are the three staffing policies available to a multinational corporation?
Specific example of a policy or regulation : Specific example of a policy or regulation that has helped economic activity - economist who was tasked with evaluating this policy or regulation, what are some ideas you would suggest for changing it in a way that would achieve the same goal but n..
What price will it charge : If a monopolist increases quantity by one unit, but sells the increased output at a slightly lower price - all the previous units, which used to sell at a higher price, now sell for more.
Contingency planning paper : Assume that you have been hired by a small veterinary practice to help them prepare a contingency planning document.The practice has a small LAN with four computers and Internet access.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd