Paper Assignment: Microeconomics Research
Length: 10 pages.
Did you know that in the sunshine state of Florida a private person cannot own solar cells, produce energy, and sell it back to their electric utility company at a rate greater than what he or she consumes in his or her household? What has happened? What are solar panels? Present to the class what obstacles a person who wants to have a solar farm on his or her property might encounter. Explain what role government is having in this industry. Explain in economic terms what an increase in solar farms would have on the price of energy. Explain what private industry is doing to keep the price of energy higher than its equilibrium. How would deregulation affect the electrical utility industry and thus solar panels?
Format your assignment according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.