User Account

All Pages

Increase or decrease in demand

Assignment Help Microeconomics
Reference no: EM1366577

Determine if, for the good marked with ALL CAP lettering, if there is an increase or decrease in demand.

A. A new fashion trend dictates the wearing of KILTS.

B. The price of APPLES.

C. The price of Pepsi, a substitute for COKE, increases.

D. The price of DOG FOOD increases.

E. The consumers start liking MINIVANS all of a sudden.

F. The price of food used to feed DOGS increases.

G. A fall in income forces prospective YACHT owners to cut back on luxuries.

H. Growers of ORANGES unexpectedly receive extremely favorable weather.

I. An increase in pet related crimes (stealing of pets) worries prospective new owners of CATS and dogs.

J. An outbreak of infectious diseases increases the number of people who buy SOAP.

Reference no: EM1366577

Questions Cloud

Show the performance management systems : Your team recognizes the benefits of establishing a developed performance management program and will present its plan to the CEO next week.
Calculating additional funds needed : Sales for year just ended were $400, and fixed assets were used at 80% of capacity, but current assets were at optimal levels. Sales are expected to increase by 5% next year, the profit margin is 5%, and the dividend payout ratio is 60%.
Staffing in healthcare organizations : How organizational restructuring has impacted staffing in healthcare organizations.
Negligent supervision and training : Summarize the article, including what industry it pertains to and other important facts and explain three ways you would reduce negligent training.
Increase or decrease in demand : Find out if, for the good marked with ALL CAP lettering, if there is the increase or decrease in demand.
Why is it significant to use systems analysis : "Why is it significant to use systems analysis and design methodologies when building system? Why not just build system in whatever way seems to be quick and easy?
Important information about training and development : Explain some of the techniques you would expect the consultants to introduce when they describe the ways in which they plan to evaluate and validate the training.
Developing a strategic plan for a hospital : If I was developing a strategic plan for a hospital with 250 beds what are two customer-oriented elements which I would take to consideration when doing my marketing strategic plan.
Effective way for companies to monitor employee motivation : What is the most effective way for companies to monitor employee motivation, satisfaction, and performance and what are its advantages and disadvantages?

Reviews

Write a Review

Microeconomics Questions & Answers

  Swot of the franchise

you must identify a franchise that is relatively new (less than 10 years old and fewer than 25 locations in Canada).  You must then evaluate the attractiveness of the franchise for an identified location.  The evaluation should include: Presentation ..

  Compare the path of economic growth

Compare the path of economic growth using GDP, GDP growth, and GDP per capita. Compare the evolution of Agriculture and Manufacture as components of GDP.

  Practical problems in price theory

The problem in economics in price theory deals with deriving maximum marginal utility and marginal rate of substitution.

  Elasticity of price

Does it make sense to hold sleep, work, and leisure fixed while changing study? Why or why not? Explain why this model violates the assumption of no perfect collinearity.

  Solution to the fundamental economic problem

Explain the effects of the new factory on the items below. Then place the number of each item on the circular-flow diagram to show whether the activity takes place in the product market or resource market

  Explain the median housing price in a community

Explain the median housing price in a community

  Constrained optimisation model

Constrained optimisation model

  Substitution effect and the income effect

MICROECONOMICS

  In praise of price gouging

Using two graphs, show consumer surplus before and after government intervention.

  Herfendahl index ratio

An industry is composed of 20 firms, all with equal sales. The Herfendahl Index ratio in this industry is a. 1000 b. 500 c. 800 d. This cannot be determined from the information given.

  Evaluate the unemployment rate

Dsecribe a complete business cycle (trough, peak, expansion, recession), focusing on what happens to output, investment, employment in each phase.

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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