APPLIED MICROECONOMICS FOR BUSINESS. Your paper must be framed using the problem solving paradigm in your introduction and identify what theories you will be using in your introduction. Conduct your analysis and offer any resolution/recommendations to the problem you are discussing. This can be a problem / situation you experienced in the workplace or one you have heard or read about. It tends to work best if it is a problem you have some familiarity with instead of something you make up. The Problem-Solving paradigm is the framework This paradigm asks the following: Who made the bad decision? Did the decision maker have enough information to make a good decision? Did the decision maker have an incentive to make a good decision? Book is Managerial Economics, 5th Edition, by Froeb, McCann, Shor, and Ward (ISBN: 978-1-337-10666-5) . Papers will be typed, double-spaced, Times New Roman, font size 11, with 1” margins all around. Cover pages, references, and graphs do not count toward length. Papers should be no more than two pages. Think of this as an executive memo of sorts within your business

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