Pfeiffer University School of Graduate Studies
MBA 591 Fundamentals of Micro and Macro
Mid-term exam II
Answer FIVE questions from eight below. Your answers must be typed, double space in font 12.
Place your name on the top
3. (Key Question) What effect will each of the following have on the demand for small automobiles such
as the Mini Cooper and Smart car?
a. Small automobiles become more fashionable.
b. The price of large automobiles rises