Assignment 2 Complete Solution

Question: #8295

Guide for Assignment 2

Meat Standards Australia (MSA) is a meat grading system designed to predict eating quality. Write a 2,000 word essay based on the following:
(i) describe the MSA grading system;
(ii) identify and discuss the advantages and disadvantages of the MSA grading system; and
(iii) explain how the MSA grading system improves market efficiency.

This assignment requires a certain amount of research. It requires you to read and understand relevant literature from the readings provided and other sources you may wish to consult. Relevant unit materials are Topic 5. The essay should comprise an Introduction, Main Body and Conclusion.

Part (i) will form the basis of the Introduction and should clearly enunciate the rationale for the development and implementation of the MSA system. Parts (ii) and (iii) will comprise the Main Body of the essay. The conclusion should summarise the main findings and key conclusions of your essay.
The word limit excludes figures, tables and references. Please adhere strictly to the word limit. Word length in excess of the word limit will not be read and will not contribute to the assignment mark.
Please observe the following referencing and presentation guidelines.

Referencing:
Chicago Author–Date (note that this referencing style requires the inclusion of page numbers consulted for in-text referencing).
http://www.une.edu.au/current-students/resources/academic-skills/referencing
Presentation:
a margin of 3 cm on the left hand side
one and a half or double spaced in 12 point times new Roman
A4 paper.
include tables, figures and diagrams in the essay (not as an appendix)
list of references

Guide to Marking
Introduction
description of the MSA grading system
rationale for the development and implementation of the MSA system
15%

Main Body
advantages and disadvantages of the MSA grading system
explanation of how the MSA grading system improves market efficiency.
60%

Conclusion
main findings
key conclusions
10%

Presentation
structure
clarity of expression
spelling
punctuation and grammar
referencing
15%
Total
100%

Assignments will be rewarded that have a clear and logical structure, careful expression, and exhibit evidence of clear economic understanding. Any statements, claims or assertions should be supported by properly referenced sources. Don’t make statements that rely on ‘general knowledge’ or assume that others share your opinion. Sweeping or superficial journalistic assertions carry little weight in an economics assignment.

Solution: #8295

Assignment 2 Complete Solution

MSA system was a type of advancement in the level of technology which is used predict the quality of beef. There was a distinction on the basis of survey of the prices of the retailers and the who...