Case Assignment
A1. The demand in Japan for new automobiles is elastic and sensitive to market prices. Given that, describe the effect of each of the following on the quantity demanded or the demand for new autos in Japan. Indicate whether the effect of each is an upward or downward movement along a given demand curve or instead involves an outward or inward shift in the demand curve for new autos. Explain your answers.
a. A decrease in the average price of new Japanese automobiles.
b. A fall in Japanese interest rates.
c. A rise in the price of public transportation in Japan.
d. A rise in the price of food in the United States.

A2.Suppose the demand for beer is characterized by the following point elasticities:

own price elasticity = -2.5

cross-price elasticity with soda = +3

income elasticity = +2

Based on the given elasticities, answer the following. Explain your answers.
•a. If a firm in the industry wishes to increase total sales revenue (ignoring cost considerations), will it raise or lower its selling price? Why?
•b. What happens to the demand for beer if the price of soda falls by 2%? Explain your answer.
•c. What happens to the demand for beer if consumer income rises by 5%? Be specific.
•d. Is beer a normal or inferior good? Explain.

Note: The Module 4 SLP should be completed before you begin this Module 4 Case.

Bullying is a pervasive epidemic impacting our society today, sometimes with tragic results, including diminished self-esteem, poor academic performance, and in some cases, school shootings and suicide. Beyond the schoolyard, bullying lurks within social circles, in the workplace, and beyond.

This essay is to address the causes of (and solutions to overcome) this recent epidemic. To do so, students may wish to identify three causes and three solutions. Be mindful that causes may also very well be solutions. For example, lack of good parenting may be a cause of bullying while quality parenting could certainly be a solution. The same might be said for media and technology or perhaps education/educators.

A well-organized essay has a beginning, middle, and an end. The beginning, or introduction, should include an opening sentence to grab your reader’s attention. Follow the opening sentence with a brief background on the topic or situation. In this case, it would be brief summary on the recent epidemic of bullying. The last sentence of the introduction is the thesis statement. The thesis states the main point of the essay, which in this case, would be a statement affirming the paper’s focus on the causes of and solutions for overcoming bullying.

A well-supported essay includes supporting points, details, and examples. For this essay, you must decide the best way to organize the body of the paper. Will you have six body paragraphs – three for each cause and three for each solution? Will you address causes first and then follow with solutions or will you provide a solution after a discussion of each cause? In any case, each body paragraph must support (explain) your reasoning (rationale) using specific details. Each body paragraph must have a topic sentence that states the main point of the paragraph, which in this case would be each supporting point.

This essay must include at least 8 citations in APA Style from no less than 3 credible sources. Citations are to be a combination of direct quotations and paraphrased quotations with or without the author’s name. Credible sources may be from books, magazines, newspapers, online journals, or web pages, though in every case, the source must be credible and reliable. AND AT LEAST 6 PAGES NOT INCLUDING TITLE AND REFERENCE PAGES.

Module 4 – Background
APA STYLE
Required Reading
“Integrating Sources and Intro to APA”
“The Basics of APA Style,” American Psychological Association
“Annoying Ways People Use Sources,” by Kyle D. Stedman in Writing Spaces: Readings on Writing, Volume 2
“How to Create a Reference Page,” Re: Writing, Bedford/St. Martin’s
“What Does an APA Style Reference List Look Like?” Re: Writing, Bedford/St. Martin’s
“We’re Spent,” by David Leonhardt (Sunday Review, The New York Times