Supply and Demand Paper

Supply and Demand Paper

Choose one good with which you have had experience purchasing:

  • New home
  • New car
  • Vacation to a theme park
  • Washing machine
  • Computer
  • College
  • Other

Write a 700- to 1,050-word paper explaining factors that affect supply and demand. Include the following:

  • Explain factors that could cause possible changes in supply and demand.
  • Determine at least two substitutes there may be for your product.
  • Determine at least two complements there may be for your product.
  • Explain how the necessity of your chosen good impacts price elasticity

Format your paper consistent with APA guidelines.

Post your assignment as an attachment.

Implementation, Strategic Controls, and Contingency Plans

Write a draft of no more than 1,800 words of the strategic plan for your organization, including the following:

  • Implementation plan
    • Objectives
    • Functional tactics
    • Action items
    • Milestones and a deadline
    • Tasks and task ownership
    • Resource allocation
  • Any required organizational change management strategies that would enhance successful implementation
  • Key success factors, budget, and forecasted financials, including a break-even chart
  • Risk management plan including contingency plans for identified risks

Format your plan consistent with APA guidelines.

Price Elasticity and Supply and Demand Short Answer Quiz

Complete the Price Elasticity and Supply and Demand Short Answer Quiz in Appendix B.

Post your completed chart as an attachment.
Click the Assignment Files tab to submit your assignment.

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