You are working in a health food business for last ten years and planning to open a restaurant that will serve food made of organic fruits, vegetables and meat. The bar area will serve organic wine. Your current customers indicated that there is no other restaurant in that area that serves organic food and drink and they will be happy to pay $50 for a meal and a glass of wine. You have done the market survey and you have forecasted that your new restaurant will be profitable. However, when you share this idea with your economists friends they discourage you and indicate that with increased competition in the future your economic profit will go down to zero. 
Based on the above situation answer the following questions:
1. Do you still want to open this new restaurant that will cater organic food and wine? Explain.
2. Do you agree that in the future your economic profit will go down to zero? Explain.
3. What will be your strategies to keep your business profitable with increased competition in the future. Explain.

You are working in a health food business for last ten years and planning to open a restaurant that will serve food made of organic fruits, vegetables and meat. The bar area will serve organic wine. Your current customers indicated that there is no other restaurant in that area that serves organic food and drink and they will be happy to pay $50 for a meal and a glass of wine. You have done the market survey and you have forecasted that your new restaurant will be profitable. However, when you share this idea with your economists friends they discourage you and indicate that with increased competition in the future your economic profit will go down to zero. 
Based on the above situation answer the following questions:
1. Do you still want to open this new restaurant that will cater organic food and wine? Explain.
2. Do you agree that in the future your economic profit will go down to zero? Explain.
3. What will be your strategies to keep your business profitable with increased competition in the future. Explain.

Assignment Instructions:  Case Study on aquatic issues. Choose sea level rise, fisheries management, or marine protected areas and prepare a case study of the economic benefits and costs of your chosen topic, using real-world examples. Remember to use the provided EVSP201 Case Study Template.

Your case study must show depth, detail, and reference to the text materials (use citations). You should also cite real-world examples. The case study should be at least 5 pages in length (including references), double-spaced using 12 point font. Include citations and references in accordance with APA guidelines.

following format
EVSP201 CASE STUDY Instructions (100 Points; 5 Pages/Approx. 1200 Words)

1. Immediate Issue or Problem.  Share the topic you chose for this case study. Describe the issue or problem and the challenges related to implementing or pursuing implementation of solutions. (5 Points, 100 words)

2. Interrelated or Associated Issues. Nothing is simple – explain other related issues or considerations when implementing or pursuing implementation of solutions to this problem. (10 Points, 200 words)

3. Issue Analysis. Summarize the most important pieces of information you learned about this issue. Identify which are facts, opinions, and assumptions. Analyze any financial information presented by the issue – this is an essential part of this assignment! State any long-term issues that might result from addressing this issue. (20 Points, 300 words)

4. Solutions or Options. This is the most important part! List the various options available to resolve the problem. Discuss each option and list the advantages (pros) and disadvantages (cons) of each option.  (30 Points, 300 words)

This is the major part of your case study and demonstrates that you clearly understand the issue(s) and various possible outcomes. There are usually at least 3 good options in a case and often many more. Identify each option clearly and always show the pros and cons of each.

5. Recommendation and Implementation. Based on the analysis of the options, state what you would do to correct the problem (recommendation) and how you would do this (implementation). Your recommendation is usually a restatement of the best option. This is not the time to analyze new options. The implementation plan should list the steps and estimate a time frame for implementation (how long it will take to implement the recommended solution). (20 Points, 200 words)

6. Assessment. Identify the indicators you will use to determine if the implemented solution is effective. Some examples are what type of data will be collected, analysis of the budget (including Return on Investment/ROI), regularly scheduled reviews, etc. The approach you use will depend on the nature of the recommended solution. (10 Points, 100 words)

7. References. List all references used, including weblinks, in this section using APA format. (5 Points)

reference material:
https://www.resourcesmag.org/common-resources/coastal-protected-lands-and-sea-level-rise/

Loeung, K., Schmidt-vogt, D., & Shivakoti, G. P. (2015). Economic value of wild aquatic resources in the ang trapeang thmor sarus crane reserve, north-western cambodia. Wetlands Ecology and Management, 23(3), 467-480. doi:http://dx.doi.org.ezproxy1.apus.edu/10.1007/s11273-014-9395-x

Market-based instruments in practice. In Keohane, N. O., & Olmstead, S. M. (2016). Markets and the environment (2nd ed.). Washington, D.C.: Island Press.

Preservation of wildlife and genetic diversity. In Tisdell, C. A. (2005). Economics of environmental conservation (2nd ed.). Northampton, MA: Edward Elgar Publishing.

at least

Develop an outline for the paper. Use the outline below to organize the paper, providing notes under each section to indicate what you plan to research.

Introduction
-Includes a clear thesis statement

Background

Analysis
-Arguments (that support your thesis)
-Counterarguments (that oppose your thesis)

Conclusion

Recommendations

References