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ECN 400 WEEK 3 SITUATION ANALYSIS
Critical Thinking: Situation Analysis (Hospitals)
Select an article in a newspaper or magazine that discusses a government policy on goods or services. Analyze the situation and in 600-1200 words:
Summarize the article using at least three economic terms and theories covered in class.
Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s).
Draw a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve.