ECO204Y1 Study Guide - Midterm Guide: Plaintext, China Unicom, Iphone 3Gs

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turquoisegnu128

25 Oct 2018

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High price for iphone in china will test the appetite for apple. Beijing apple inc. is a master at creating buzz around its product launches. But as the popular iphone approaches its official debut in china the world"s largest mobile-phone market consumers here seem anything b ut excited. That compares with about the consumers pay for the same product in nearby hong kong, which has different wireless carriers. "it"s too expensive," says marco bai, a teacher in beijing. He currently uses a smart phone a handset with souped-up functions like email and video made by a chinese domestic brand that cost him about. "there are many smart phones with similar functions" to the iphone in china, he says. China has an estimated 710 million mobile-phone subscribers, according to government figures. But the average customer pays less than for monthly service and only 7. 5% of the handsets sold in the country last year were smart phones like the iphone.

Related Questions

Paralegal Studies

Test Four

50 points - Due before 11:00 p.m. Monday

Section One
10 points

Use WestlawÂ® to locate the following case and provide the complete citation:

579 F.2d 1200

1. Name the prevailing parties in the trial court proceeding.

2. Name the trial court. Also name the appellate court.

3. What kind of case is it?

4. In your own words, provide a summary of the facts of the case

5. What are the issues on appeal?

6. Who wrote the opinion?

7. What is the docket number?

8. On what date did the court issue the decision and how did the court rule?

9. Provide the text of Headnote [6] as well as the name of the author referenced in the portion of the text which is summarized by that headnote.

10. Provide the name of the attorney or attorneys who represented the appellants.

Section Two
15 points

Using WestlawÂ® KeyCite the following case:

Parker v. State of Oklahoma, 556 P.2d 1298 (Okla. Crim. App. 1976).

A) How many citing references does the case provide?

B) Has a Maryland case cited the Parker case? If so, provide the case citation for the citing case.

C) Has a Connecticut case cited the Parker case? If so, provide the citation for the citing case.

D) How many of the citing cases are no longer good law? Provide the citation to the case or cases.

E) Have any legal encyclopedias cited Parker? If so, provide the citation to each of the articles.

Section Three
5 points

Your attorney has asked you to determine whether any cases have cited Headnote [6] as referenced in Question 9 of Section One above.

Using proper citation, please provide any citing references you have located.

Please describe your process for locating this information.

Section Four
5 points

Complete assignment 11.7 on page 532 in Statsky.

Section Five
5 points

Complete assignment 13.8 on page 586 in Statsky

Section Six
10 points

Use Your Appellate Brief Scenario to answer this section

Phrase the legal issue or issues as they will be raised on appeal.

Using WestlawÂ®, locate, correctly cite and provide a summary of at least one mandatory court opinion that you can argue in Kantâs appeal.

On an excel sheet answer the following questions:

Q=Quantity (in 100s) of aspirin purchased in a year

P= Average price of aspirin in that year

Y=Annual income

A=Age of buyer

Q1. If we divide the population into two groups, up to age 35 and over age 35, which group purchases more aspirin?

Q2. Divide the population into three groups- up to age 30, over 30 and up to 45, and over 45. Do the purchases vary by age?

Q3. What is the relationship in a regression analysis between Q and P? Between Q and Y? Between Q and A?

Observation	Q	P	Y	A
1	1	1.5	20	25
2	2	1.5	40	20
3	4	1	12	25
4	2	1	10	30
5	2	1	8	30
6	3	2	30	35
7	3.5	1.5	30	40
8	4	2	20	40
9	7	1	20	45
10	1	3	15	40
11	2	2	18	30
12	3	2	20	32
13	3.5	2	15	36
14	4	2	10	30
15	2	3	25	20

maroonelephant933

Price Demand Supply

$10 5 105

$9 10 90

$8 15 75

$7 20 60

$6 25 45

$5 30 30

$4 35 15

$3 40 0

Question 7: Calculate the price elasticity of demand at the equilibrium price

(range is from $1 below equilibrium to $1 above equilibrium)

Question 8: Would firms increase revenue with a cut in prices or not? Why or why not?

Question 9: If supply and demand increase at the same time, what happens to

the equilibrium quantity?

Question 10: If supply decreased and demand increased at the same time, what happens to

the equilibrium price?

ECO204Y1 Study Guide - Midterm Guide: Plaintext, China Unicom, Iphone 3Gs

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