Supply and demand, Microeconomics

1. State of the art machines at the advanced Yamaha musical instrument plant tune the exact sound of high caliber musical instruments (vs a certain touch, and perhaps a degree of voodoo) sought by professional musicians.  What effect will this have on the price and quantity of musical instruments?

2.  "More working overtime" Only 14% of the workforce said they never or seldom work overtime.  How will this situation affect the price and quantity of digital cameras?

3. "70 million baby boom generation set to retire in the next 8 years."  What effect will this have on the price and quantity of health care?

4. "Federal Reserve cut Fed Funds Rate ¾%, and is expected to cut an additional ½% pm Wednesday, January 30."  What effect will this action have on the price and quantity of small business loans from banks?

5. "Wireless speakers strike the right chord with consumers."  People can place speakers in any room, turn on their I-Pod and have the room fill with music.  How will this situation affect the price and quantity of traditional wired speakers?

6. Fry's Electronics, January 28, 2009:  "The price of HD Plasma TV's has declined 50% in the last 24 months."  How will this affect the price and quantity of traditional analog TV's?

7. "At&T powers up TV service", At&T TV service called U-verse will be available in 175 suburbs.  What effect will this situation have on the price and quantity of wired TV service?

8. "The price of gasoline has increased $.19 per gallon in the last two weeks."  How will this affect the price and quantity of car washes?  (At service stations offering car washes)

9. "Housing market's freeze deepens."  Potential home buyers are forecasting that the price of new homes will decline more in the future.  What effect will this have on the price and quantity of new homes?

10. "Construction workers face lay-offs."  How will this effect the price and quantity of "Buffalo Tools"?

 

Posted Date: 2/20/2013 3:09:41 AM | Location : United States







Related Discussions:- Supply and demand, Assignment Help, Ask Question on Supply and demand, Get Answer, Expert's Help, Supply and demand Discussions

Write discussion on Supply and demand
Your posts are moderated
Related Questions
what is the theory of second best? prove the theorem with the help of a diagram.


when does market equilibrium occur?

Laspeyres index The Laspeyres index tells us that: - The amount of money at present year prices which an individual requires to purchase bundle of goods and services which w

China had to convert its yuan into dollars. Does that cause the dollar to appreciate or depreciate?

I am concerned that if we get into price war with Everest Solution

Demand for Risky Assets *  Assets - Something which provides a flow of money or services to its owner. -  The flow of money or services can be explicit or implicit . *

What is the purpose of the IMF and why might the IMF be called the “lender of last resort”? Discuss how three of the tools they use for establishing economic stability in a country

what is the meaning of total revenue?

Marginal rate of technical substitution in the theory of production is similar to the concept of marginal rate of substituent to in the indifference curve analysis of consumer dema