In your assessment task 3, you will be required to choose a press release from a reputable English-medium newspaper and summarise it and then write an essay to analysing the press release’s impact on Australian consumers, linking economic theory, policy and principals.This assessment is aimed to evaluate your ability to apply economic concepts to real-word scenarios, enhancing understandings of macroeconomic dynamics in the Australian economy.Word limit:summary of press release – 500 wordsessay – 1500 words
A firm that purchases electricity from the local utility for $250,000 per year is considering installing a steam generator at a cost of $280,000. The cost
A firm that purchases electricity from the local utility for $250,000 per year is considering installing a steam generator at a cost of $280,000. The cost of operating this generator would be $170,000 per year, and the generator will last for five years. If the firm buys the generator, it