Question

Your answers should be typed, single spaced (12 pt font). You can hand draw figures if you wish, photograph them, and insert them into your answers, but pictures must be clear and visible to be graded. You can also use Word draw functions directly in your document.

1. You have been asked to evaluate a proposed policy that mandates the use of ethanol made from corn in the fuel supply (increases the demand for ethanol). Outline a conceptual model that addresses all of the market impacts of that mandate as well as other costs and benefits outside of the immediate market(s) impacted (Be sure to consider the impacts outside of just the fuel market itself such as vertically related markets). Use graphical as well as rhetorical analysis…no need to consider data here. Be sure to identify all who are impacted by the policy.

Answer 1

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