Can someone write 2 Short Papers?

ESSAY 1

Elasticity

We were introduced the benefits of markets to improving outcomes for producers and consumers. We also examined the role of costs and prices in decision-making. For this assignment, you will answer a series of questions in the form of an essay. Support your answers with research from at least three peer-reviewed journal articles.

Research elasticity information for two particular goods: one with an elastic demand and one with an inelastic demand. Using elasticity information you gather, predict changes in demand. The United States Department of Agriculture website has a good resource to help with this.

Describe how marginal analysis, by avoiding sunk costs, leads to better pricing decisions.

Explain the importance of opportunity costs to decision-making and how opportunity costs lead to trade.

Evaluate how better business decisions can benefit not just the producer but the consumer and society as a whole. In your evaluation, contrast the deontology and consequentialism approaches to ethics.

Your essay must be at least three pages in length (not counting the title and references pages) and include at least three peer-reviewed resources. Adhere to APA Style when writing your essay, including citations and references for sources used. Be sure to include an introduction. Please note that no abstract is needed.

ESSAY 2

Instructions

International trade can have big effects on domestic markets. For both an import good and an export good (in other words, address each bulleted item below twice—once for import and once for export), describe how opening up to international trade affects the following:

· supply or demand for the particular good,

· the competitiveness of that good’s market, and

· how the change in competitiveness affects equilibrium price and quantity.

Stepping away from the import/export examples, describe how opening up to trade specifically affects a domestic monopoly. Include an explanation, using game theory, of how even a single additional competitor can lead to a market outcome similar to perfect competition.

Your essay must be at least three pages in length (not counting the title and references pages) and include at least three peer-reviewed resources. Adhere to APA Style when writing your essay, including citations and references for sources used. Be sure to include an introduction. Please note that no abstract is needed.

Froeb, L. M., McCann, B. T., Shor, M., & Ward, M. R. (2018). Managerial economics (5th ed.). Cengage Learning. https://online.vitalsource.com/#/books/9781337468015