Assignment #1: Economic 100 This assignment supports the lesson objectives Assignment Overview This assignment requires you to write a report that answers questions that explore economic analysis and modern problems and the economic way of thinking. Deliverables You will post your report document to a dropbox. Assignment Details Assignment # 1 – Principles of Economics You are to write a four to ten (4-10) page report that answers the following: 1. You own a local sub shop in a college town. You primarily serve two groups of people: local residents (bot discrimination strategy that will increase your revenues compared to a single-pricing strategy. 2. Suppose the cable TV industry is currently unregulated. However, due to complaints from consumers tha ceiling on cable TV below the current equilibrium price. If the government does make this price ceiling law, diag company is worried about disgruntling customers, suppose that the company may introduce a different type of p to customers. Explain what would be the effects of this action.
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