Applying the Supply and Demand Model

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Over the past 10–20 years, the use of landline phones has fallen while the use of cell phones and smartphones has increased. Explain how changes in consumer

tastes and preferences are affecting the demand functions for each product. Draw graphs for each of the two products (landlines and cell phones/smartphones)

illustrating what has happened to the demand curve for each one. Your response should be at least 75 words (1 paragraph) in length; include graphs to support

your explanations.
Explain why the law of demand is not violated when you observe the quantity demanded of ice cream cones at your local park is lower in December than in July

even though the price is higher in July than it is in December. Your response should be at least 75 words (1 paragraph) in length.
This week, Super-Save Supermarket lowered the price of apples from $1 to 90 cents per pound. The quantity of apples sold last week was 200 pounds. This week,

the quantity sold was 250 pounds. Calculate the price elasticity of demand. Is it elastic, inelastic, or unitary elastic? What happens to total revenue? Your

response should be at least 75 words (1 paragraph) in length.
Using the information given in the previous question, assume that last week Super-Save Supermarket sold 150 pounds of bananas and this week it sold 120 pounds

of bananas. Are bananas and apples complements or substitutes? What is the cross elasticity of demand? Explain your answer. Your response should be at least

75 words (1 paragraph) in length.
Farmer Brown plants both soybeans and corn. If the price of soybeans increases and the price of corn remains the same, what do you expect to happen to the

amount of acreage that he devotes to planting each crop? How does your answer help to explain the law of supply? Does the supply curve of corn or soybeans

shift? Use graphs to illustrate your answer. Your response should be at least 75–150 words (1–2 paragraphs) in length, including graphs with explanations.
Amy’s Diner and Joe’s Burger Stop are located in the same neighborhood. Both have similar menus that include hamburgers, french fries, and soft drinks. Assume

Amy’s supplier raises the price of hamburger meat, while Joe’s does not. Using the supply and demand model, graphically show and provide a written explanation

for each of the following:
The equilibrium price and quantity of hamburgers Amy sold
The equilibrium price and quantity of french fries Amy sold
The equilibrium price and quantity of hamburgers Joe sold
The equilibrium price and quantity of soft drinks Joe sold
Your response should be at least 150–225 words (2–3 paragraphs) in length, including graphs.
In the United States, price floors are commonly used to support farmers, such as for dairy products. Assume several U.S. trading partners impose tariffs on

dairy products exported from the United States. The tariffs are effective and are reducing dairy exports from the United States and have pushed the domestic

equilibrium price of milk below the price floor.

Using a supply and demand model, illustrate what happens to the U.S. domestic price of milk, quantity of milk sold in the United States, and any surplus or

shortage of milk. Be sure to support your graph with a written explanation.

Your response should be at least 75–150 words (1–2 paragraphs) in length, including the graph and explanation.

Sample Solution

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9 Types of Organizational Culture

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9 Types of Organizational Culture: Which One Are You by Brittani Sponaugle (2014) where she contends that” Culture unifies people and allows them to learn

from one another and strive to be the best they can be. No company exists without a culture, but every company operates under a different type of one” (p.1).

Please do not summarize each organizational culture in the essay but focus specifically on the one which best conforms to your organization.

The details of the essay requirements are located in Appendix A of the syllabus and in the Blackboard Assignment section

The essay should not exceed five (5) word processed, double-spaced pages with a minimum of three (3) pages. The written paper must conform to APA Style Manual

Sample Solution

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Intelligence, Design, Choice

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When forming a new business, list and discuss some of the typical actions involved in each part of the decision (intelligence, design, and choice).

add reference

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Improving Customer Relations

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Your Signature Assignment is a single-spaced five (5) to eight (8) page paper with citations and the list of References at the end in APA format. Make sure

that your paper demonstrates that you understand and are capable of demonstrating your mastery of all of the course SLOs. Think of your paper from a Scholar-

Practitioner point of view—as a kind of a how-to guide based on scholarly research that you would give to someone who wants to learn about the essential

ingredients of successful customer relations. Given what you have learned as a Scholar about customer relations during your studying and researching the eight

Module reading/video assignments and your participation in the Module Discussion Threads, your task as a Practitioner is to write a practical and very

readable, single-spaced, “how-to” paper that would advise anyone in any organization how to develop successful customer relations and generate long-term

customer loyalty.

SLO1: Assess the most important personal attributes of customer service personnel that affect their delivery of customer service.
SLO2: Contrast the individual and organizational factors involved in creating a customer-driven mindset throughout an organization.

SLO3: Create an oral presentation that demonstrates an analysis of basic principles underlying effective communication with customers.
SLO4: Assess the most critical elements of customer telephone etiquette.
SLO5: Design effective actions based on the latest research for building positive relationships with customers.

SLO6: Devise problem-solving strategies for dealing with unhappy customers.

SLO7: Survey the most effective tools and processes used to gather customer feedback.

SLO8: Review the most effective tools and processes used to gather customer feedback.

Sample Solution

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