Identify an article about an event that would cause the productivity and the costs to change within a single market. Use the article to answer the following questions:
a. Explain what event is altering productivity or costs?
b. Discuss why did the event occur in the past, is presently occurring, or may occur in the future?
c. Which of the following two statements best indicates what effect the event has on average costs: (The average cost curve rises above where it would have been if the event had not occurred OR Average cost curve drops below where it would have been if the event had nor occurred)
c. Determine the effect of the event on production rates, unit costs, prices and/or the productivity?