Economics

Choose a current event that addresses one of the following economic concepts in Chapters 9 or 10. Use graphical analysis to analyze the issues presented in the current event (possible graphs production function, total and marginal product curves, MC, ATC, AVC, AFC, SRATC and LRATC curves, MR = MC, Total surplus under monopoly, price discrimination, long and short run equilibrium, or any other any other graphical analyses discussed in Week 3)

a. Marginal Cost
b. Marginal Benefit
c. Marginal Utility
d. Total Utility

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