Supply%20and%20Demand

1
Problem 1
BOTTLED WATER
Event Coke Pepsi exit bottled water
industry
Bottled Water
TIN ? Sellers ? ? Supply ?
(shifts left)
S2
Price
S1
P2
-----------
E2
--------------
150
E1
----------------
-------------
D1
20K
Qty
Q2
2
Problem 2 Sports Cars
Event Economy falls into a recession
TIPSE ? Income ? ? Demand ?
(shifts left)
Sports Cars
Price
S1
-------------------
E1
75,000
E2
------------------
D1
Qty
2 mil.
3
Sample Problem 3 Squaw Valley
Event Winter conditions best in years
TIPSE ? Expectations ? ?
Demand ? (shifts right)
Lift Tickets
Price
S1
-------------------
P2
E2
--------------
52
E1
------------------
-------------
D2
D1
Q2
Qty
15,000
4
Problem 4
Cell Phones
Event Semi Conductor prices fall
TIN ? Input Prices ? ? Supply ?
(shifts right)
Cell Phones
S1
Price
150
-----------
E1
----------------
D1
10M
Qty