Term Paper Instruction

Term Paper  Instructions

Term Paper  Instructions

 TOPIC: You will explain supply, quantity supply, demand, quantity demand, ceilings, floors and subsidies by fabricating a story on _____________that requires a price ceiling and a price floor. Explain the concepts as if I had never heard of them. The paper must be documented according to MLA. A few hints are given below. If this paper has no subtractions from a lack of graphs, or incorrect graphs, or words, or absence of MLA, and you have explained it in your own words, you will not receive an F even if it is totally confusing.

Directions: MLA cited but without title page, nampe or dates.

1.       Minimum of 600 words: lose a point for every 20 missing words. (400 words would equal 10 points right off the top.)

2.       2 Graphs:  MUST have a large supply and demand graph demonstrating a price floor, and another large supply and demand graph demonstrating price ceiling. Both graphs must have prices and quantity numbers listed on it and shortages and surpluses written into the paper. Lose 10 points for incorrect graph. No graphs, and zero grade on paper.

                                                                                Friday December 1st at 6 AM

                                                                              COPY DUE DATE

*if the paper is submitted early on Wednesday the 29th at 6AM, 5 bonus points will be added.

 PAPER VALUE DROPS TO ZERO (0) POINTS IF IT COMES IN LATE. NO ACCIDENT FORGIVENESS PLAN LIKE ALLSTATE. LATE PAPER = ZERO PAPER.

 Remember to make up your own example of a ceiling and a floor with specific current market prices and made up quantities. Must be able to show the shortage and surplus in actual numbers off the graph.