MUST BE 450-600 WORDS
Additional Information: The board of directors at AutoEdge is actively discussing several options to address flagging revenue. One option continues to surface during each board meeting; that is, relocating the manufacturing operation back to the United States. Longtime Chief Financial Officer, Ingrid Adams, leads the group that is in favor of this option.
“Hello,” she says. “I’m glad I saw you.”
“Hi,” you say. “What can I do for you?”
“I have a question about economics,” she says. “I think you can help me explain something to some shareholders on the board.”
“Economics! My favorite subject,” you say. “What’s your question?”
“If AutoEdge decided to increase its prices and return to the United States,” she says, “how would this action affect consumer demand? I want to know your opinion about elasticity.”
“Sure,” you say. “So you want to know if the elasticity for auto parts is considered to be relatively inelastic, relatively elastic, unitary elastic, perfectly elastic, or perfectly inelastic. Right?”
“Exactly,” she says.
“I have an opinion,” you say. “Do you want to talk about it now, or do you want something in writing?”
“Something in writing would be best,” she says. “Would you explain your opinion so that I can respond to questions from other members of the board, too?”
“I’d be glad to,” you say. “I’ll put something together this afternoon and get it to you before I leave today. Is that soon enough?”
“Perfect,” she says. “Thanks for your help.”
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more