1) Written Assignment:
In your opinion, please explain what was the most important technological innovation in the last twenty years.
Why do you think it was the most important technology innovation?
What was the demand for this technology innovation?
How has this technology innovation been supplied to the consumers?
How has the law of demand affected this technology innovation?
Explain if there was equilibrium in supply and demand for the technology innovation.
–If there has not been equilibrium in supply and demand for the technology innovation, then discuss what can be done to reach equilibrium.
Compose your paper using Microsoft Word or a Word compatible word processor (LibreOffice, Google Docs, etc.). Your paper must be 2 pages in length using 12-point Times New Roman font and include an introduction, body, and conclusion. You must also cite sources using APA format.
2) Learning Journal:
Research an article within the last 12 months about minimum wages or rent controls. Provide a summary in your own words what the article is about by providing the important highlights.
How has the minimum wages or rent controls effected the economy of the country?
Explain what the minimum wage is an example of.
Explain what rent controls are an example of.
Discuss if you think the government should be involved in establishing laws for setting the minimum wages or rent controls.
Be sure that your Learning Journal entry is a minimum of 500 words. Make sure you cite and reference your sources of information in the APA format.
Please read instructions and provide a reference list for each assignment seperately.
The reading guide is Chapter 3 and Chapter 4 of the PDF uploaded below.
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