The institutional research office has recently conducted a survey group of consumers.According to demographic data, the research office has given you the following: 

                      Typical weekly consumer income                  $800

                       Price of Frosty Cola                                      $10.00 per case

                       Price of Coca-Cola                                        $20.00 per case

           You want to break this data down for the chief financial officer in two forms: a slope- intercept equation for the typical consumer’s budget constraint and a graphical analysis  showing him the typical consumer’s budget set. The CFO has specifically asked for the price of Frosty Cola to be the good on the vertical axis. (Round any quantity to the  nearest whole unit in each part, if necessary.)           

           a) Derive the equation for the budget constraint in slope-intercept form. 

b) Illustrate and explain the typical consumer’s budget set (again, place quantity of Frosty Cola on the vertical axis).

c) The CFO asks you if the price of Frosty Cola were to decrease to $5.00 per case, what  would happen to the budget constraint? Illustrate and explain.

d) Lastly, the CFO asks you that if the typical consumer wished to purchase seven cases of Coca-Cola, how much Frosty Cola could that individual purchase? Calculate and show. Assume the original data.

Generally, there are eight sections in a case study. Use this as a guideline to write your case study.

Synopsis/Executive Summary

•  Outline the purpose of the case study.

•  Describe the field of research — this is usually an overview of the company.

•  Outline the issues and findings of the case study without the specific details.

•  Identify the theory that will be used to analyse the case study.

•  The reader should be able to get a clear picture of the essential contents of the study.

•  Note any assumptions made. You may not have all the information you would like, so some assumptions may be necessary

e.g. “It has been assumed that..

“Assuming that it takes half an hour to read one document..

Findings

•  Identify the problems found in the case.

•  Each analysis of a problem should be supported by facts given in the case together with the relevant theory and course concepts.

•  It is important to search for any underlying problems; for example, cross-cultural conflict may be only a symptom of the underlying problem of inadequate policies and practices within the company.

•  This section is often divided into sub-sections, one for each problem.

Discussion

•  Summarise the major problem/s.

•  Identify alternative solutions to this/these major problem/s (there is likely to be more than one solution per problem).

•  Briefly outline each alternative solution and then evaluate it in terms of its advantages and disadvantages.

•  There is no need to refer to theory or coursework here.

Conclusion

Sum up the main points from the findings and discussion.

Recommendations

•  Choose which of the alternative solutions should be adopted.

•  Briefly justify your choice and explain how it will solve the major problem/s.

•  This should be written in a forceful style as this section is intended to be persuasive.

•  Integration of theory and coursework is appropriate here.

Implementation

•  Explain what should be done, by whom and by when.

•  If appropriate, include a rough estimate of costs (both financial and time).

References

Make sure all references are cited correctly.

Appendices (if any)

Attach any original data that relates to the study, which would have interrupted the flow of the discussion in the main body.

need total

no more than 5 pages excluding cover page, abstract and reference total pages need a total 8 pages