I am not current on news involving economics but I have a project due this week and I am in deperate help of an idea for it. Here are the requirements:

1. Select a Microeconomic Topic/Question/News Story:

• Choose a microeconomic topic or question that interests you. This could be a news story from the business press or a specific situation facing a business.

1. Research:

• Conduct thorough research on your chosen topic or question to gather information and data that will inform your analysis. Utilize a variety of reputable sources to ensure a comprehensive understanding of the issue.

1. Analysis:

• Analyze the news story or business situation using microeconomic concepts and tools. This analysis should demonstrate your understanding of microeconomic principles and their application to real-world scenarios.

I do not belong to any news sources so a lot of news is unavailable to me. If anyone has any ideas on topics that have occurred between now and the past 6 months or year with a lot of media coverage on it please let me know, thanks!

I don't know why the answer is (D). Can someone explain this to me?

I am currently studying for my Introductory MicroEconomics course. Does anyone have a suggestion for a website that delves into concepts in simple terms like khan academy and offers practice questions? I have 0 economics background so I am asking for something that will dissect micro for me.

Under first-degree price discrimination, a monopolist’s marginal revenue equals average revenue. Is this true or false? Explain your answer. (Hint: use the example based on linear demand function)

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Can someone please explain? Thanks in advance!

I cannot wrap my head around this:

Volatile weather over the past few years in the wine growing regions of South America has led to a decrease in the Supply, of wine. At the same time, a shortage of cow feed has led to a decrease in the Supply of cheese. Not that wnie and cheese are complements, what will net effect be for price and quantity sold ni the wine market?

I said price would increase, but that was apparently wrong
I said quantity sold would decrease, which was right

what if price is on the AVC...

in the long run, the firm would leave the market but what about the short run?

I know that below the AVC, you shut down, but what about on the AVC?

Lucy, the manager of a medical test firm, worries that the firm may be sued for botching results from blood tests. The firm expects to earn a profit of 100 if it is not sued, but only 10 if it is successfully sued. Lucy believes the probability of a successful suit is 5%. If fair insurance is available and Lucy is risk averse, how much insurance will she buy? How much will she pay for insurance? [source: Perloff, exercise 3.2 Chapter 17]

how to find the MC of the sixth oven ?

https://preview.redd.it/7uphwl9zsjjc1.png?width=700&format=png&auto=webp&s=756ba0634f8a21d7536b401c67d23732d77882c9

Hi! I am taking theory in microeconomics for my MPA course but I suck at it. I am looking to get a tutor but before I do what concepts should I review over before I meet with my tutor?

Are short-term loans/payday firms considered a monopolistic competition? I am on the fence between monopolistic and oligarchy. If they are considered monopolistic, why? TIA!

"Let 𝐹(𝐾, 𝐿) be the production function given by 𝐹(𝐾, 𝐿) = 2𝐾√𝐿. Assume that inputs cost 15 u.m. per unit of labor (L) and 10 u.m. per unit of capital (K), and K=1. Finally, consider that the described company operates in a perfectly competitive market. What is the short term cost function of this company?"

Supposedly the answer is TC=10+3.75Q^2 but I just can't understand why. Does anyone understand this? I've been thinking about this for a while and I'm pretty sure the 10 comes form k*10 with k=1. But I really don't get where the 3.75 came from.

And sorry if the text above is written in a weird way. It was translated from portuguese.