What event is altering productivity or costs

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Reference no: EM13735441

Find an article about an event that would cause productivity and costs to change within a single market. Use the article to answer the following questions with a paragraph (350-500 words):

1. What event is altering productivity or costs?

2. Did the event occur in the past, is presently occurring, or may occur in the future?

3. Which of the following two statements best indicates what effect the event has on average costs: (Average cost curve drops below where it would have been if the event had not occurred; OR The average cost curve rises above where it would have been if the event had not occurred.)

4. What is the effect of the event on production rates, prices, unit costs, and/or productivity?

Reference no: EM13735441

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