Question.4339 - Discussion Board - Week 3 Due Wednesday response to peers due Sunday (15 week)Watch the video below, The Hudsucker Proxy (1994). After watching the video discuss what the manager's thought process was in reducing and then raising prices. Define Supply and Demand theory and how it correlates to the price changes in the video. If you were the manager, how would you have handled the sale of the hula hoops? MUST use economic terms in your reasoning. Minimum one reference.* 1 paragraphHere is the video link : Supply and Demand The Hudsucker ProxyLinks to an external site.(1994 scene) - 3 minThen respond to two peers by midnight on Saturday*Select the following link for the guidelines for Referencing and Citing Sources: APA Guidelines and ExamplesLinks to an external site.
Answer Below:
Many xxxxxxxxx struggle xx times xxxx it xxxxx to xxxxxxx a xxxxxxxx item xx nothing xx done xxxx destroys xxxxxxxxx If xxx right xxxx is xxxx in xxx right xxxxxx of xxxx a xxxxxxx can xxxxxxxx be xx its xxxx because xx this xx is xxx the xxxxxxxx which xxx help xxx company xxxxx it's xxxx but x good xxxx which xxx make xxx item xx from xxxxxxxxxx to xxxx to xxxxx a xxx seller xxxxx are xxxx ways x believe xxxx can xx accomplished xxx as xxxx in xxx Hudsucker xxxxx lowering xx item xxxxx then xxxxxxxxxx it xxx work xxx manager xx the xxxx was xxxxxxxxxx to xxxx Hula xxxxx and xxxxxxx that xx lowering xxxxxx customers xxxxx gravitate xx it xxxx because xxx price xxx low xxxx did xxx work xxx the xxxxxxx continued xx lower xxx price xxxxxxxxxx offering xxxx hula xxxxx with x purchase xx something xxxx to xxxx just xxxxxxxx them xxx of xxx store xxxxxxx his xxxxxxx did xxx work xxxx the xxxx began xx storm xx the xxxxx to xxxxxxxx hula xxxxx the xxxxxxx increased xxx price xxxxx because xx now xxxxxx popular xxx was xxx perfect xxxxxxxxxxx to xxxx advantage xx it xxxxx changes xx the xxxxx are xxx example xx Supply xxx Demand xxxxxx can xx easily xxxxxxxxxx as xxx amount xx hula xxxxx in xxxxx the xxxxx owner xxx trying xx sell xxxxxx is xxx amount xx kids xxx rushed xx wanting xx buy xxx hula xxxxx As xxxxx goes xxxx demand xxx the xxxxxxx increases xxxx as xxxx you xx grocery xxxxxxxx you xxx grab xxxxx of xxxxxxxxx if xxx a xxxxxx price xxxx than xxx typically xxx see xxxx is xxxx a xxxxx example xx thinking xxxxx opportunity xxxxx In xxxx mind xxx are xxxxxxxx that xx you xxx save xx an xxxx now xxxx money xxx be xxxx toward xxxxxxxxx else xxx may xxxx need xx I xxx the xxxxxxx I xxx have xxxxxxxxx a xxxxxx marketing xxxxxxxx rather xxxx just xxxxxxxx prices xxx kids xxx ran xxxx the xxxxx because xxxx first xxxx the xxx utilizing xxx hula xxxx not xxxxxxx the xxxxx had xxxx dropped xx low x would xxxx attempted xx engage xxxx consumers xx they xxx actually xxx the xxxx hoop xxxxx used xxx also xxxxxxx from xx as xx why xxx hula xxxx was x good xxx and xxxx the xxxxx was xxxxx This xxx have xxxxxx the xxxxxxxxx of xxx kids xxx other xxxxxx having xx drop xxx price xx low x feel xxxx you xxxxx want xx lower xxx supply xxxxx so xxxx that xxxxxx the xxxxxx may xx high xxxxxx might xxx be xxxx I xxxxx the xxxxxxx realized xxx shift xx demand xxxx the xxxx came xx His xxxx went xxxx free xx rapidly xxxxxxxxxx in xxxxx Rather xxxx determined xx the xxxxxxxxxx behavior xx many xxxxxx and xxxxxxx each xxxxxx out xxx or xxx own xxxxxx or xxxxxx schedule xxxxxxx R xxxxxxxx Karen xxxxxxxx p xxx goal xxxxxx never xx to xxxx below xxx Equilibrium xxxxx where xxx are xxx killing xx in xxxxxxx nor xxxxxxxxxxx the xxxxxxxxx fundsMore Articles From Micro Economics
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