Question.4421 - 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 x peak xxx a xxxx idea xxxxx can xxxx the xxxx go xxxx struggling xx sell xx being x top xxxxxx There xxx many xxxx I xxxxxxx this xxx be xxxxxxxxxxxx but xx done xx The xxxxxxxxx Proxy xxxxxxxx an xxxx price xxxx increasing xx may xxxx The xxxxxxx in xxx film xxx struggling xx sell xxxx hoops xxx figured xxxx by xxxxxxxx prices xxxxxxxxx would xxxxxxxxx to xx more xxxxxxx the xxxxx was xxx This xxx not xxxx and xxx manager xxxxxxxxx to xxxxx the xxxxx eventually xxxxxxxx free xxxx hoops xxxx a xxxxxxxx of xxxxxxxxx else xx then xxxx throwing xxxx out xx the xxxxx because xxx efforts xxx not xxxx When xxx kids xxxxx to xxxxx in xxx store xx purchase xxxx hoops xxx manager xxxxxxxxx the xxxxx again xxxxxxx it xxx became xxxxxxx and xxx the xxxxxxx opportunity xx take xxxxxxxxx of xx Price xxxxxxx in xxx video xxx and xxxxxxx of xxxxxx and xxxxxx Supply xxx be xxxxxx understood xx the xxxxxx of xxxx hoops xx which xxx store xxxxx was xxxxxx to xxxx Demand xx the xxxxxx of xxxx who xxxxxx in xxxxxxx to xxx the xxxx hoops xx price xxxx down xxxxxx for xxx product xxxxxxxxx Just xx when xxx go xxxxxxx shopping xxx may xxxx extra xx something xx you x better xxxxx deal xxxx you xxxxxxxxx may xxx This xx also x great xxxxxxx of xxxxxxxx about xxxxxxxxxxx costs xx your xxxx you xxx thinking xxxx if xxx can xxxx on xx item xxx that xxxxx can xx used xxxxxx something xxxx you xxx want xxxx If x was xxx manager x was xxxx attempted x better xxxxxxxxx strategy xxxxxx than xxxx dropping xxxxxx The xxxx all xxx into xxx store xxxxxxx they xxxxx seen xxx kid xxxxxxxxx the xxxx hoop xxx because xxx price xxx been xxxxxxx so xxx I xxxxx have xxxxxxxxx to xxxxxx with xxxxxxxxx so xxxx can xxxxxxxx see xxx hula xxxx being xxxx and xxxx hearing xxxx me xx to xxx the xxxx hoop xxx a xxxx buy xxx that xxx price xxx great xxxx may xxxx caught xxx attention xx the xxxx and xxxxx before xxxxxx to xxxx the xxxxx so xxx I xxxx that xxx never xxxx to xxxxx the xxxxxx price xx much xxxx though xxx demand xxx be xxxx profit xxxxx not xx made x think xxx manager xxxxxxxx the xxxxx in xxxxxx once xxx kids xxxx in xxx sign xxxx from xxxx to xxxxxxx increasing xx price xxxxxx it's xxxxxxxxxx by xxx collective xxxxxxxx of xxxx buyers xxx sellers xxxx acting xxx his xx her xxx demand xx supply xxxxxxxx Bradley x Schiller xxxxx Gebhardt x The xxxx should xxxxx be xx drop xxxxx the xxxxxxxxxxx price xxxxx you xxx not xxxxxxx it xx revenue xxx diminishing xxx companies xxxxxMore Articles From ECO 201 OT 1 - Microeconomics spring