Explain what is happening to market for pizza in Colorado

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Reference no: EM132375431 , Length: 5 Pages

Questions -

Q1. The following quote has been taken from the February 6, 2006 National Post newspaper: "A stretch of cold, rainy weather in the middle of the wheat growing season on the Prairies is being blamed for a dramatic shortfall in stockpiles that in turn has pushed prices for the grain well into record territory." Use the tools of supply and demand analysis to explain what is going on in the wheat market.

Q2. This question is based on the New York Daily News article: "Peyton Manning credits legal Colorado pot with booming Papa John's pizza business". Use the tools of supply and demand analysis to explain what is happening to the market for pizza in Colorado.

Q3. In the September 14th - 20th 2019 edition of "The Economist- magazine two articles were written outlining the virtues of extending the single market framework for regulating commerce in the European Union. The first article is on page 16 and is called "Europe's Economy: A Singular Opportunity". The second article is on pages 21 through 23 and is called: "The Single Market". Using these two articles as your reference, along with other research you do, write a 2 to 3 page short essay outlining what the original intent of the single market policy in Europe was. Also, discuss the limitations of this policy with respect to creating a single market in the service industries in Europe. How would the service industries in Europe benefit from the "single marker". How has the lack of a single market constrained them?

Note - When writing your essay makes sure you properly acknowledge your sources when directly quoting or bringing in data from the special report.

Total 5 pages and Question 1 and 2 needs to be answered with some diagrams of supply and demand concept.

Reference no: EM132375431

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