ECONOMIC PRINCIPLES – MICROECONOMICS

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).
Instructions
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.