Scenario 1 Medical researchers discover that eating Lucky
- Slides: 14
Scenario 1 • Medical researchers discover that eating Lucky charms makes people cool
Scenario 2 • It’s no longer fashionable to wear leg warmers
Scenario 3 • The Government subsidizes the growers of Watermelons.
Scenario 4 • Government places an excise tax on underarm deodorant.
Scenario 5 • Government reduces the driving age to 14, how would this affect the market for gasoline?
Scenario 6 • Education is no longer compulsory. How would this affect the market for teachers? (labor mkt. )
Scenario 7 • Mc. Donald’s starts using highly efficient robots to make Big Macs.
Scenario 8 • The Americans and British bomb German tank factories during WW 2
Scenario 9 • Americans experience an increase in income. How would this affect the market for expensive Porterhouse
Scenario 10 • Americans experience an increase in income. How would this affect the market for powdered milk?
Scenario 11 • How would an increase in Savings affect the market for savings and loans?
Scenario 12 • University of Georgia discovers a new fertilizer that increases cotton crop yields.
Scenario 13 • The courts determine that Microsoft is a monopoly in the software industry and divides the company.
Scenario 14 • The price of oil goes up to $100 /barrel. How would this affect the market for gasoline?
