Describe the microeconomic principles being used in Ellens Article

Describe the microeconomic principles being used in Ellens Article Describe the microeconomic principles being used in Ellens Article ORDER NOW FOR CUSTOMIZED AND ORIGINAL ESSAY PAPERS Part 1 Prior to beginning work on this discussion, read Ellen Martin’s article, The Ethics of Big Data (Links to an external site.) . Based on the article’s content, respond to the following: Describe the microeconomic principles being used. What is the impact for demand? Evaluate the different market structures that big data benefits the least and the most from. While data collection may benefit the business community, discuss the concerns for consumers as big data proliferates. Your initial post should be a minimum of 300 words. Part 2 Patents are granted for 20 years, but pharmaceutical companies cannot use their patent-guaranteed monopoly powers for anywhere near this long because it takes several years to acquire Food and Drug Adminstration (FDA) approval of drugs. What purposes do barriers to entry created by the government serve? What are other barriers to entry in the pharmaceutical industry? Should drug patents be extended to 20 years after FDA approval? Explain what would be the costs and benefits from this extension. Your initial post should be a minimum of 300 words. Requirements: 600 words Answer preview to describe the microeconomic principles being used. You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes. Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages. Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor. The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument. Get a 10 % discount on an order above $ 100 Use the following coupon code : NURSING10