Choose a recent article (published after January 2019) from any newspaper or online media with relevance...

Choose a recent article (published after January 2019) from any newspaper or online media with relevance to microeconomics.

Write an essay analysing any single issue discussed in the article. Address the issue with the aid of a relevant theory or theories. Please attach a photocopy of the article as an appendix of your essay.

a) Identification of article, summarising the article and identifying the main microeconomic issue discussed in the report/article. (5)

b) Identification and description of the market structure in which the business operates. Justify your selection with relevant examples drawn from the sector? (10)

c) Discuss the relevant microeconomic theory which can enhance the understanding of the issue outlined in the article (report) and how business can apply such theories to improve the business performance. (10)

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Expert Solution

Rahul Sunny answered 1 year ago

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