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Can you help me understand this Micro Economics question?I need support with this Micro Economics question so I can learn better. Be sure to write at least one paragraph per question. Be sure to answer each question thoroughly :).The Bureau of Economic Analysis provides profit data for various industries in the United States.Go to www.bea.govClick on Data > by Economic Account > National> Corporate ProfitsScroll down and Click on Interactive DataClick on Table 6.16D. Corporate Profits by Industry”In your initial response to the topic you have to answer all questions:1. Based on the most-recent figures, which of the following categories of industry classifications has the greatest profits:Financial or nonfinancial
Manufacturing , transportation and warehousing, wholesale trade, or retail trade
Durable goods or nondurable goods
2.During the past years, which sectors had the largest and smallest percentage increase in profit?3. Which sectors, if any, experienced losses?4. What are the implications of the profit changes for expansion or contraction of the particular industries?5. Reflection – the students also should include a paragraph in the initial response in their own words, using microeconomic terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.
Requirements: Times New Roman Size 12 Font Double-Spaced APA Format

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