Explain factors that could cause possible changes in supply

Assignment Help Business Economics
Reference no: EM13253331

Choose one good with which you have had experience purchasing:

New home

New car

Vacation to a theme park

Washing machine

Computer

College

Other

Write a 700- to 1,050-word paper explaining factors that affect supply and demand. Include the following:

Explain factors that could cause possible changes in supply and demand.

Determine at least two substitutes there may be for your product.

Determine at least two complements there may be for your product.

Explain how the necessity of your chosen good impacts price elasticity

Reference no: EM13253331

Questions Cloud

Calculate the ripple voltage and specify a zener diode : Consider the full wave rectifier circuit as shown below, where R=1k-ohm, C= 100 F. If the input voltage Vin = 24 V(peak to peak), Frequency=1k Hz, transformer turns ratio is 1.
Calculate the output voltage vo of operational amplifier : Consider the circuit as shown below. If Vin peak voltage = 12V, Calculate the output voltage Vo. Open loop voltage gain of the Operational Amplifier A=10,000. The voltage drop across the diode is 0.7 V.
What are the causes of quality problems on the greasex line : what general steps should Hank follow in setting uup a continuous improvement program for the company? What probmes will he have to overcome to make it work?
Evaluate the pressure in the tire : Consider a tire at 35 Celcius filled with 32 psig of O2 instead of N2. Calculate the pressure in the tire at -18 celcius
Explain factors that could cause possible changes in supply : Write a 700- to 1,050-word paper explaining factors that affect supply and demand. Include the following Explain factors that could cause possible changes in supply and demand.
Explain what is the advantage of the ripple counter : Flip-flops must be in what mode (Set, Reset, Hold, or Toggle) in order to divide a clock's frequency when building a counter What is the advantage of a synchronous counter as compared to a ripple counter
How to calculate ph of the reaction : When 29.0 mL of 0.605 M H2SO4 is added to 29.0 mL of 1.21 M KOH in a coffee-cup calorimeter at 23.50°C, the temperature rises to 30.17°C. Calculate ?H of this reaction.
Explain the use of material requirements planning concepts : Explain the use of "Material Requirements Planning" concepts in manufacturing AND Service organizations. provide examples and the value of the application of the MRP/ERP concepts in both organization type structure.
Explain the factors that affected labor demand and labor : What was the impact on the supply and demand of labor on one sector of the labor market? Explain the factors that affected labor demand and labor supply in the chosen historical example.

Reviews

Write a Review

 

Business Economics Questions & Answers

  Illustrate what is the present worth of planned expenditure

Illustrate what is the present worth of the planned expenditures at an interst rate of 10% per year.

  What would be benefits of action and what would be costs

What would be benefits of action. What would be costs. How would you decide what was best level of emission reduction. Why do you think your approach would be better than others.

  Do you consider important to our overall economic health

do you consider important to our overall economic health and are things getting better or worse? Please use real-world facts (i.e. statistics) to back up your answer.

  Are you for or against free trade are you for or against na

Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource difference..

  What did the fed actually do

What could the Fed do in 2002-2003 in order to bring the economy back to full-unemployment ? What did the Fed actually do? Explain in detail

  Raise the required capital

How many shares of common stock must be issued as well as at what price, to raise the required capital.

  Disagreement over the amendments

The factory operation creates smoke that affects nearby homeowners, causing respiratory ailments and similar problems.

  Explain the implications of those classifications on tax

Explain the implications of those classifications on tax revenue collections when the per-unit tax increases as opposed to decreases.

  Elucidate what would the seller cost of capital have

Elucidate what would the seller's cost of capital have to be in order for the discount to be cost-justified.

  Comparative ratio analysis

Consider decision making process used by consumers as they budget their money to maximize use of their resources.

  Chain-weighting method

Calculate real GDP in each year, and the percentage increase in real GDP from year 1 to year 2 using year 1 as the base year. Next, do the same calculations using the chain-weighting method.

  Country experiences population growth

Assume that neither country experiences population growth nor technological progress as well as that 5 percent of capital depreciates each year

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd