Objective To solve a problem using course concepts. And to effectively evaluate your peers' work by using higher-order thinking. Instructions 1. Read Chapters 14 to 16 in the textbook. 2. Watch the associated videos on eClass. 3. Create a short video (2 to 3 minutes long) which answers your assigned problem using course concepts instructions here).* *Find your assigned problem at the bottom of this page (e.g., Topic A or Topic B) instructions here. 4. Evaluate four of your classmates' videos on the Kritik platform after the creation due date (instructions here ). Make sure you read the full rubric before evaluating, you should only give perfect scores to videos that go above and beyond. 5. Provide feedback to your evaluators after the evaluation due date (instructions here). More Guidance You must upload your completed video on YouTube (instructions here). If you are uploading to a different website other than YouTube, please confirm with me beforehand. If your video link is not accessible by others, you will get a grade of zero. Make sure you give yourself time before the deadline to upload your video to YouTube, this can sometimes take several hours. Do not worry about making a fancy video created with PowerPoint slides or other visual aids. Just make a TikTok- style video with your phone or webcam where you talk to the camera. The focus of this assignment is on how well you answer the problem, not how polished or professional the video looks. When answering your assigned problem in your video, pretend like you are talking to a friend that has not taken an economics class before. Make sure you describe what concept(s) from our class you are using to solve the problem in your video (e.g., I am using the elasticity concept to solve this problem). You are allowed to use earlier course concepts in your video. Just make sure that you use at least one course concept from the chapters in step 1. Make sure your video is not copied from anyone else, plagiarized in any way, and does not violate U of A's Code of Student Behaviour in any way (link here). Your video should demonstrate higher-order thinking of the assigned concept. The below rubric will be used to assess your video Topic A Problem: In cities that attract many tourists, businesses usually offer discounts for locals. For example, residents of New York often receive discounts to various shows and restaurants. If New York brings in so much money from tourism, why do businesses provide a local's discount? What class concept does this illustrate? What conditions are necessary for businesses to offer a local's discount? Chapter 14: Businesses in Competitive Markets 5 items > Chapter 15: Monopoly 5 items 1 A Chapter 16: Price Discrimination 4 items 1 1