Question

I need to identify a problem in the news that relates to a microeconomic issue and prepare a report that includes a basic problem solving analysis.

1. Provide a clear and concise statement of the problem to be addressed. The problem statement should be no more than 2 or 3 sentences and contain in a single well crafted sentence

2. Describe the revel ant facts and circumstances related to the issue that u have identified.

3. Explain this issue using economic terms, models and concepts learned.