Answer ONE of the following (be thorough... a good answer will be at least a half page):
A) Disney World has doubled their ticket prices at their amusement parks over the last 10 years, which of the economic market models we covered explains this behavior? Be sure to take into account that competitor parks are nearby. Be sure to detail how this model works and why it fits the Disney World situation.
B) Your uncle, who spends most of his time listening to talk radio and watching Fox News, argues that to lower fuel prices we just need to reduce regulation and allow oil drilling on federal lands. Either come to your uncle's defense OR argue against him using the microeconomic models we examined... lest your uncle sound like an idiot for not being able to explain how he justifies his position.