(4 Pages) Topic Paper Assignment:You are an economics advisor to a U.S. Senator. The Senator is...

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(4 Pages) Topic Paper Assignment:You are an economics advisor to a U.S. Senator. The Senator is interested in sponsoring legislation to address the impact of rapidly rising medical costs, and has commissioned you to write a briefing paper on the subject.You know medical costs have risen faster than other consumer costs over the past decade, and decide toutilize indifference curve analysisto demonstrate how the cost changes have impacted the Senator's constituents.Write your Topic Paper as if it were a briefing paper you will deliver to the Senator. In it:- demonstrate and document the trends in medical costs- assume the Senator is not an economist and is not familiar with indifference curve analysis- provide some legislative suggestions to the Senator that utilize your economic knowledge- use our material- cite your sourcesUtilize Managerial Economics to make your case, and remember that the Senator has not had benefit of the course you are taking.
	
Document Preview: (4 Pages) Topic Paper Assignment:You are an economics advisor to a U.S. Senator. The Senator is interested in sponsoring legislation to address the impact of rapidly rising medical costs, and has commissioned you to write a briefing paper on the subject.You know medical costs have risen faster than other consumer costs over the past decade, and decide to utilize indifference curve analysis to demonstrate how the cost changes have impacted the Senator's constituents.Write your Topic Paper as if it were a briefing paper you will deliver to the Senator.  In it:- demonstrate and document the trends in medical costs- assume the Senator is not an economist and is not familiar with indifference curve analysis- provide some legislative suggestions to the Senator that utilize your economic knowledge- use our material- cite your sourcesUtilize Managerial Economics to make your case, and remember that the Senator has not had benefit of the course you are taking.

David · Accepted Answer

Vodafone and Mannesmann merger 
This merger between British telecommunication firm, Vodafone Airtouch and German 
cellular provider, Mannesmann AG dates back to 1999.  This merger is one of the largest in 
the corporate history, and is often referred as the “mother of all the takeovers”.  The takeover 
was estimated to be of  $185.95 billion.   
ANALYSIS 
 The merger between Vodafone and Manessmann was a horizontal one as both the 
firms belonged to the telecommunication industry. In 1999, with the rapid growth in 
technology, telecom was opening up for competition. New firms from all over the 
world were entering the market. This merger made Vodafone by far the fourth largest 
company in the world with an estimate of $365 bn. This surely strengthened 
Vodafone’s position in the world’s market. 
 With this merger, Vodafone would gain control of mobile operations in Germany, 
France and Italy. The market expanded and led to the growth of the mobile phone 
ownership all around the world. 
 This deal was seen positive in the British media while the Germans feared that this 
will lead to a loss in their capitalist landscape. Vodafone addressed this criticism by 
stating the following:

(4 Pages) Topic Paper Assignment: You are an economics advisor to a U.S. Senator. The Senator is interested in sponsoring legislation to address the impact of rapidly rising medical costs, and has...

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