BA 201 WEEK 2 SUPPLY AND DEMAND
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BA 201 Week 2 Supply and Demand
Products
|
Event
|
Market for:
|
|
Economic growth is expected to
improve in the next two quarters.
|
Aluminum
|
|
Gasoline
|
|
|
The Japanese government has decided to
subsidize its domestic automobile producers with stimulus money.
|
Automobiles
|
|
Manufacturers who use plastic as an
input have access to cheaper plastic.
|
Manufactured goods that use plastic
as an input
|
Using the table, for each line item, write a paragraph
describing how the market for each specific product will be affected by the
associated event. Describe which curve will shift (demand or supply or both),
what effect it will have on price (rise or fall in price), and what will happen
to quantity (rise or fall in quantity). Each
line item requires a paragraph.
|
Grading Criteria
Assignments
|
Maximum Points
|
|
Meets or exceeds
established assignment criteria
|
40
|
|
Demonstrates an
understanding of lesson concepts
|
20
|
|
Clearly presents
well-reasoned ideas and concepts
|
30
|
|
Uses proper mechanics,
punctuation, sentence structure, and spelling
|
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