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Supply and demand analysis.
a) Suppose the market for Nissan's electric cars is currently in equilibrium. Suddenly, Tesla announces that they will drop the price of all their electric cars by 20%. What happens to the price and quantity of Nissan's electric cars in the new equilibrium? Draw a graph with the initial equilibrium price and quantity and the new equilibrium price and quantity. Explain your answers.
b) Suppose the market for Apple Watches is currently in equilibrium. Then, workers at Apple's factories go on strike and demand a wage increase. This raises the cost of producing each Apple Watch. What happens to price and quantity for Apple Watches in the new equilibrium? Draw a graph with the initial equilibrium price and quantity and the new equilibrium price and quantity. Explain your answers.
c) Suppose ASU increases the price of admission to ASU Basketball games. How does this affect the demand for basketball tickets? What about the quantity demanded? (Hint: you do not need to draw a graph for this one).
d) The market for air conditioning in Phoenix is initially in equilibrium. Then, average temperatures permanently increase by 10 degrees. What happens to the price and quantity of air conditioners in the new equilibrium? Draw a graph with the initial equilibrium price and quantity and the new equilibrium price and quantity. Explain your answers.
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.
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This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.
Prepare a major handout on the key principles of instructional leadership
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