ECO 550 Week 8 Assignment 2 Expansion and MergerClick this link to get the tutorial:http://homeworkfox.com/tutorials/economics/4284/eco-550-week-8-assignment-2-expansion-and-merger/Assignment 2: Expansion and MergerDue Week 8 and worth 200 points This paper is a continuation of Assignment 1. Assume thatthe industry you wrote about in Assignment 1 wants to expand and that its only option is amerger. Now the industry is confronted with government regulations to oversee the merger.Write a four to five (4–5) page paper in which you:Explain why government regulation is needed, citing the major reasons for governmentinvolvement in a market economy. Justify the rationale for the intervention of government in themarket process in the U.S. Assuming that the merger faces some threats and that the industrydecides on self-expansion as an alternative strategy, describe the additional complexities thatwould arise under this new scenario of expansion via capital projects. Analyze how the differentforces will come together to create a convergence between the interests of stockholders andmanagers. Speculate about the implications for the goals of the firm as to whether to maximizethe industry’s profits or to create more value for the shareholders. Use at least three (3) high-quality academic resources in this assignment.Note: Wikipedia and other Websites do not qualify as academic resources.