Write a research paper on the Economics market prices.Instructions: Please write in double spaced (12 font, Times New Roman or Arial font) a complete response to the following prompts in 4 full paragraphs (4-5 complete sentences), this is not a traditional research essay with an introduction, arguments in body paragraphs and conclusion, rather this is a specific analysis in the form a brief summary of the articles already provided.
1. Summarize the following 2 articles: “Supply and Demand or Price Gouging?” And ” In Praise of Price Gouing” with 1 paragraph each (2 total) and then explain the argument behind each and why there is an ongoing debate on this issue. Explain if you believethat price gouging reflects the true market price or should the practice be banned?
1st article: https://online.hbs.edu/blog/post/supply-and-demand-or-price-gouging-an-ongoing-debate
2nd article : https://cdn.inst-fs-iad-prod.inscloudgate.net/458d2f86-a42b-4e22-97c0-a66030840f31/Ron%20Paul%20-%20In%20Praise%20of%20Price%20Gouging-1.pdf?token=eyJhbGciOiJIUzUxMiIsInR5cCI6IkpXVCIsImtpZCI6ImNkbiJ9.eyJyZXNvdXJjZSI6Ii80NThkMmY4Ni1hNDJiLTRlMjItOTdjMC1hNjYwMzA4NDBmMzEvUm9uJTIwUGF1bCUyMC0lMjBJbiUyMFByYWlzZSUyMG9mJTIwUHJpY2UlMjBHb3VnaW5nLTEucGRmIiwidGVuYW50IjoiY2FudmFzIiwidXNlcl9pZCI6bnVsbCwiaWF0IjoxNjQ4NTQ1MzAxLCJleHAiOjE2NDg2MzE3MDF9.J8UBP2ElJFY7QtKvMUfTuCgEwvaszwvY234gZ68mUbX-OH8XfHg1mB1HJiWqNP_hpcZkyEu4YyoL-lPhwd54Bg&download=1&content_type=application%2Fpdf
If you can not get the second article, there is a picture of the article in the uploads.
2. Summarize the following 2 articles: “Outraged About High Gas Prices? States Are Looking Into Possible Price Gouging” in the context of the current energy crisis in oil and gas prices as well as the NYC local government announcement titled “Proce Gouging is Illegal” in the context of the start of the COVID-19 pandemic 2 year ago, with 1 paragraph each (2 total). Explain if you agree or disagree?
1st article: https://money.com/high-gas-prices-price-gouging/
2nd article: https://www1.nyc.gov/site/dca/media/Face-Masks-in-Short-Supply-Due-to-COVID-19.page
