baby boom, Management Theories

Sketch the demand curve for the A-Phone. Describe how the graph, price, and quantity demanded will change if the following happens:

  • There is an overall enhance in income.
  • There is an overall enhance in income and people believe that the Pomegranate is now better than the A-Phone.
  • The price of the A-Phone goes up when a flaw is found in the Pomegranate.
  • A new type of walkie-talkie has an unlimited range and is essentially free.
  • It is discovered that there are health concerns when using cell phones.
  • There is a baby boom.
  • The price of the A-Phone and the Pomegranate both go up.

What occurs to the supply of cell phones if the market price goes up?

 

Posted Date: 3/22/2013 3:41:17 AM | Location : United States







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