Need a paper that answers the below question.
What are the pros and cons of starting a company in todays market?
Based on the readings and resources from the first four weeks of our class, develop a 5-7 page paper (not including cover page or reference page) in Times New Roman12 pt font, double-spaced, and using APA formatting that addresses the following question:
You must incorporate terminology and concepts that focus on microeconomics and you are required to cite the book and no less than four outside references.
This is a broad question that will give you the opportunity to research and write about the concepts and topics that are most relevant to you and your work. For example, how might you assess or look at supply and demand as a way to review the barriers to entry when starting a company?
The Book:
Mankiw, N. G. (2019). Essentials of Economics, Ninth Edition. Cengage Learning, Inc.
These are the general topic in the reading for the past four week.
| Week 01 | Ten Principles of Economics, Thinking Like an Economist, Interdependence and the Gains from Trade | Micro Weekly Discussion 01 & Micro Quiz 01 |
| Week 02 | The Market Forces of Supply and Demand, Elasticity and its Application, Supply-Demand and Governmental Policies | Micro Weekly Discussion 02 & Micro Quiz 02 |
| Week 03 | Consumers-Producers and the Efficiency of Markets Application: The Cost of Taxation Application: International Trade, Externalities |
Micro Weekly Discussion 03 & Micro Quiz 03 |
| Week 04 | Public Goods and Common Resources, The Cost of Production, Firms in Competitive Markets, Monopoly |
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