Select a relevant microeconomics industry of your choice in the region in which you reside. (Texas, California, Virginia, Washington D.C or FLORIDA)
Differentiate between the firm’s implicit and explicit cost and discuss the firm’s variable and fixed costs. For your chosen industry please express whether your firm is economically viable or not. Is your firm profitable? Do they have an optimistic or uncertain outlook for the near future?
Locate a recent article or event (published within the last year) that highlights your relevant microeconomics topic.
Use the Hunt Library (IMPORTANT!! “https://huntlibrary.erau.edu/ “), newspapers, new stations, or other credible sources to discuss how your topic aligns with microeconomics. Get custom essay samples and course-specific study resources via course hero homework for you service – Include the following in your discussion:
- State the article or event you selected.
- Identify the microeconomic concept(s).
- Describe your findings.
- Analyze the relevance to real-life applications.
Assignment Help – Summarize your findings using at least 250 words and provide a minimum of one reference. Use current APA formatting to document your sources.
This assignment is checked by Turnitin and Grammarly for plagiarism, you have to do your own work.
