You are the manager at McDonalds. Using clearly labelled Demand and Supply model of Big Mac, illustrate the initial impact on market equilibrium, changes in Big Mac’s demand and / or supply, due to following events : a. An increase in the wage rate of Big Mac makers and kitchen staff. ( 1.5 Marks )
b. With lockdown imposed in the city you decide to offer competitive deals and promotions on meals ordered from homes . ( 1.5 Marks )
Graphically compare the original equilibrium point with new equilibrium point and interpret, in your own words, the resulting change in equilibrium price and equilibrium quantity for each of the above events.

Indicate on the graph the direction of change, whether ‘Movement along the Demand or Supply curve’ and/or ‘Shift of Demand or Supply curve’ and note the Price change and/or Quantity change , whether Increase or Decrease.

Peter, the marketing manager of a company that manufactures church furniture, has been given the job of increasing corporate profits by five percent during the upcoming year. peter decided to give his assistant the full responsibility and authority for developing a mailing campaign to target churches in an entire state. in other words, peter has

Lester's fried chick'n purchased its building 11 years ago at a cost of $189,000. the building is currently valued at $209,000. the firm has other fixed assets that cost $56,000 and are currently valued at $32,000. to date, the firm has recorded a total of $49,000 in depreciation on the various assets it currently owns. current liabilities are $36,600 and net working capital is $18,400. what is the total book value of the firm's assets? $251,000 $241,000 $232,600 $214,400 $379,000

On february 10, 2014, after issuance of its financial statements for 2013, higgins company entered into a financing agreement with cleveland bank, allowing higgins company to borrow up to $6,000,000 at any time through 2016. amounts borrowed under the agreement bear interest at 2% above the bank's prime interest rate and mature two years from the date of loan. higgins company presently has $2,250,000 of notes payable with star national bank maturing march 15, 2014. the company intends to borrow $3,750,000 under the agreement with cleveland and liquidate the notes payable to star national bank. the agreement with cleveland also requires higgins to maintain a working capital level of $9,000,000 and prohibits the payment of dividends on common stock without prior approval by cleveland bank. from the above information only, the total short-term debt of higgins company as of the december 31, 2013 balance sheet date is