Many factors affect supply and demand of carbonated sodas

Assignment Help Business Economics

Reference no: EM13852699

Many factors affect the supply and demand of carbonated sodas.

a. Draw and accurately label a graph that shows a decrease in the supply of sodas to the market, you must accurately label the graph.

b. Draw and accurately label a graph that shows a drop in the average household income in the United States from $42,000 to $41,000.

c. Draw and accurately label a graph that shows an improvement in the soda making technology.

d. Draw and accurately label a graph that shows an increase in the price of high fructose corn syrup (the sugar used in sodas). Under what economic circumstances should soda producers switch back to using cane sugar? Are there any other managerial consequences to this question?

e. What are the two most significant unintended economic consequences of a decrease in the supply of sodas?

f. If you were seated on a cross-country flight next to the CEO of a major soda bottler who mentioned the troubling economic news of average family incomes falling, what would be your response? Include both short term and long-term upsides and downsides to the issue.

Reference no: EM13852699

Questions Cloud

What is meant by the term tactical advertising : What is meant by the term "tactical advertising" and "creative services campaigns" and how do they apply to NBC/Universal

What happens in the market for cotton shirts : The price of cotton rises. What happens in the market for cotton shirts?

What is the marginal cost per train mile : According to data provided by British Rail to the Mergers and Monopolies Commission, the 1988 costs of a Sprinter (Class 150/2) train were: Capital Cost 525,000, Annual costs (per unit): Depreciation 26,300, Overhaul and maintenance 32,600, Stabling ..

Effective outcome of traditional and virtual teams : Prepare a paper on Effective Outcome of Traditional and Virtual Teams

Many factors affect supply and demand of carbonated sodas : Many factors affect the supply and demand of carbonated sodas.

Price of oranges falls-what happens in the market for apples : The price of oranges falls. What happens in the market for apples, which are a substitute for oranges?

Two goods are complements : Two goods are complements if:

Demand for internet advertising : Assume that the demand for Internet advertising is declining at the same time that the number of Internet sites accepting advertising is increasing. Assume the equilibrium price of Internet advertisements is initially P1 and the equilibrium quantity ..

Price-taking ?rm selling in market : A price-taking ?rm selling in a market with a price greater than the ?rm's average total cost should:

User Account

All Pages