Carefully explain what is happening in the following markets. Indicate the impact if any on demand, supply, price and quantity:

(i) A U. S. car manufacturer has produced a lot of SUVs, but now is having difficulty selling them at the market price.

(ii) The new Iphone sold out on the first day. Hundreds line up outside Apple desperate to get their hands on the new phone.

(iii) In the market for beer, the population of drinking age increases; also brewery unions negotiate a big increase in wages.

(iv) In the market for housing, house prices are expected to increase significantly in the near future.

(v) In the market for peanut butter, there is an increase in the price of jelly. (Peanut butter and Jelly are complements).

(vi) A Florida man suffered severe burns after his Galaxy Note 7 exploded in his trousers pocket (The Sun Uk edition, 2016). This triggered a recall of the Note 7 by Samsung.

The digby's workforce complement will grow by 20% (rounded to the nearest person) next year. ignoring downsizing from automating, what would their total recruiting cost be? assume digby spends the same amount extra above the $1,000 recruiting base as they did last year. select: 1 $2,840,000 $3,408,000 $570,000 $475,000

Insurance companies have internal controls in place to protect assets, monitor the accuracy of accounting records and encourage operational efficiencies and adherence to policies. these internal controls are generally of two types: administrative controls and accounting controls. administrative controls are the policies and procedures that guide the daily actions of employees. accounting controls are the policies and procedures that delineate authorizations of financial transactions that are done, safeguard assets, and provide reports on the company’s financial status in a reliable and timely manner. internal controls should include both preventative and detective controls. the purpose of preventative controls is to stop problems and errors before they occur. detective controls identify problems after they have occurred. preventative controls are usually more effective at reducing problems, but they also tend to be more expensive. internal controls must be flexible to adjust for changes in laws and regulations in addition to adding new products or modifying current ones. companies must also do regular analyses to ensure that the benefits of implementing the controls are worth their costs. when concerned about paying unwarranted insurance claims which type of control would be useful?

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?