Question

Below are 4 articles. (20 points each) You must fill in the answer sheet for each article. Be sure and explain how the changes should impact Pe and Qe Classify as a change in demand or a change in quantity demanded, a change in supply or a change in quantity supplied. Make sure you fill in the graphs the same way I did in the sample graphs in the sections from my notes for session 3 Use ? (question mark) if you can’t tell if there is an increase or a decrease Leave it blank if there is no change. Use arrows for increases and decreases or the words increase and decrease.

3.Why Millennials Love Cacti

From your Instagram feed to your local clothing store, plants are inescapable. Why this trend just keeps on growing

If you have both a green thumb and a healthy surplus of greenbacks, the online fashion retailer Mr Porter will gladly sell you a Japanese-made “gardening set” for $995. Comprising a canvas tote bag and steel utensils that seem much too delicate to actually prune a ficus, the package is one of several signs that fashion is actively cultivating an interest in gardening. During this June’s Milan Fashion Week, I watched a model strut down the Fendi runway clutching watering cans whose lavish leather-wrapped spouts suggest rather

The B. Shop at Bergdorf Goodman in New York City is one of many department stores to feature an abundance of plants.

precious landscaping. In Paris a week later, Milan-based label Jil Sander issued an invitation to its show that included three sooty seed balls, foreshadowing a runway that was lined in potted green shoots.

The trend seems to reflect growing interest in gardening, particularly among millennials and Generation Z. The 2018 National Gardening Survey found that American gardeners spent a record $47.8 billion on their lawns and households that year and that those between 18- and 34-years-old now make up 29% of all gardening households, the biggest percentage for that age group since the annual survey was first conducted in 1973. In August, the Detroit- based online plant retailer Bloomscape received $7.5 million from several investors including: Neil Blumenthal and Dave Gilboa, co-founders of eyewear company Warby Parker; Away luggage co-founder Jen Rubio; and Allbirds sneakers co-founder Joey Zwillinger. All three labels are, not coincidentally, millennial favorites.

Another millennial favorite: succulents, the fleshy, photogenic plants that include cacti. Edgar Salcedo, 30, a licensed massage therapist in Las Vegas (seen in the Instagram post below), said he’s noticed that succulents have gained traction “within the last three, four, five years.” For proof, open Instagram, where you’ll find 11.7 million posts hashtagged #cactus and 7.8 million under #succulents. Further behind but still significant: #houseplants with 2.2 million posts.

“Millennials are super-obsessed with plants because they offer a sense of caregiving and responsibility as well as moments of calm,” said Jemma Shin, an associate editor at WGSN Insights, a fashion-trend forecasting agency in New York. An oft-cited 1989 NASA study contends that houseplants can reduce indoor air pollution, which may be another factor. As people in this demographic delay traditional life milestones—buying homes, getting married

Online fashion retailer Mr Porter sells a $995 “gardening set” for fastidious planters.

and having children later than previous generations—Ms. Shin believes plants are somehow filling the void. In lieu of a family or a house, millennials have plants.
Plants can also provide a natural respite from one’s digitally driven, always-on lifestyle. “If you’re at your desk and you’re locked to your computer doing work, [having] a plant or a few plants there, I think it’s a little escape,” said Kevin Kong, 28, a general manager for a massage chair company in Vancouver, Canada, who keeps his office and house stocked with indoor plants. With more and more people in his city buying up plants, he likened rare cacti, which “sell out quite fast,” to prized sneakers.

4. Women Financial Advisers

Over the past two years, Jane Schwartzberg, head of strategic client segments at UBS Group AG ’s U.S. wealth-management unit, has seen a marked increase in requests from prospective clients who want to work with female financial advisers.

Financial advisory firms are responding to client demands. At UBS, one of the biggest U.S. brokerages, the ranks of female financial advisers have increased to its total advisory force world-wide.

Other firms in the industry are also taking action. In 2019, one-third of the roughly 3,500 employees in Merrill Lynch Wealth Management’s adviser training program in the U.S. are women—the highest percentage in the unit’s history and one that is increasing yearly.

Morgan Stanley is “actively recruiting and preparing more female advisers for the needs of the marketplace,” said Kara Underwood, head of wealth management diversity and inclusion at the Wall Street firm.
Some financial advisory firms said they have seen an increase in prospective clients who have in recent years become more outspoken about the need for diversity and are using their consumer and economic power to shape the

products and services they want, including whom they pick as their financial adviser.

A rise in college-educated women and gains in their earning power are likely helping to fuel this trend. Not only has the share of women who are top earners increased in past decades, women are the slight majority of the college-educated labor force this year, according to the Bureau of Labor Statistics.

Some independent financial-advisory firms are also getting more requests from prospects who want to work with female advisers.

Mark Struthers, a financial planner at Sona Financial LLC in Excelsior, Minn., has had prospects turn him down because he doesn’t have a female partner at his firm. Despite losing out on some business, Mr. Struthers said it is a “good thing” that prospects openly express this preference and are seeking more equality from the advisory profession. He said he is actively looking to add a female partner.

Having women in senior roles is only “one piece of the puzzle,” said Ms. Schwartzberg at UBS. Firms need to make sure all of their advisers are trained so they can focus on the topics their clients may care about. For instance, she says female clients often prefer to discuss how they can help their children and favorite charities instead of the latest hot stock or how much their portfolio beat a benchmark, she said.

When Kathleen Stevenson’s father died, the 49-year-old stay-at-home single mother decided to find a new adviser for her $7 million inheritance. She was looking for an adviser who could help her invest in women-owned businesses, research sustainable investments and sometimes serve as a sounding board for financial decisions.

5. Europe’s Winemakers Lose Crops as Temperatures Rise

PARIS—Volatile summer weather in Europe, including the record-breaking heat waves that recently scorched the continent, is wreaking havoc on wine country.
Temperatures rose to an unprecedented high of 115 degrees in parts of France, causing grapes to ripen before their acidity fully developed, a crucial part of any wine’s flavor profile. This summer’s drought followed the freak storms last year that hit the wine-growing regions of Bordeaux, Cognac, and Champagne. In Italy, a summer of wildfires, hailstorms and other extreme weather events have shredded vineyards.

Paola Del Casale said hailstones destroyed at least half of the season’s production at her family’s winery along the Adriatic coast.

“I have never seen hailstorms like this before,” Ms. Del Casale said, adding she will have to replant damaged young vines and wait up to two years for them to produce viable grapes. “It’s like I’ve lost this year completely.”

Here is the answer sheet, each article needs its own sheet.

Graph # :_________

Graph Name:_________

Pe:_______

Q:________

∆ in D:_______

∆ in Qd:________

∆ in S:_______

∆ Qs:________

D. D. D2 3 S.

Answer 1

Giving answers to 12 graphs------

DATE: GRAPH GRAPH NAME - MARKET EQUIL1- - BRIUM Pe OP %3D PRICE P Ain D= INNCREASE) DD A in Of=00, %3D Ain s ENIL QUANTITY %3D PRICE INCREASE = PP. 2). GRAPH- I Pe= OP, Qe =0Q AD =(DECREASE) D,D AS = NIL AOA 00,(DECREASE) %3D PP(DECREASE) - --- D GRAPH ITT 3) AD= NIL AS= SS CINCREASE) A =00, (INCREASE) AP-PP CDECREASE) ->

DATE: 4) GRARH - 4 GRAPH NAME - DECREASE IN 2. SUPPLY T MAR KEF EQUILIBRIUM E-00,Ep=0P AD= Ni0, AS ss,(DCAEASE) A@g = Q0, (DECREASE) AP = Pp ( INCREASE) E, PRICE P, to QURN TITY 5) GRAPH -5 S GRAPH NAME- INCREASE IN BOTH DEMAND SUPPLY E%=D00,2p=0P AD= DD, (INCREASE) AS 5,5,(INCREASE) AOg= 00, (INCREASE) AP= PP (INCREASE SLI GHT PRICE ($) QUANTITY GRAPH GRAPH NAME - INCREASE IN DEMAND E DECREASE IN 5) SUPPLY AS=SS2 (DECREASE) AD = DD, (INCREASE) AQ = Q9, ( DECREASE SLIGHT) PP (INCREASE) PRICE D2

GRAPH- 7 GRAPHNAME- DE CREASE IN BOTH SUPPLY& DEratng DATE: AD DP, (DECREASE) PRICE P @, ( DECREASE) (ERRERE 515=50 %3D OUANTI GRAPH-8 GRAPH NAME- INCREASE I SUPPLY E DEMAND BaTH AD: AP = PP, CINCREASE AS = SS, (INCREASE 8) E. %3D %3D NNTY

DATE: GRAPH GRAPH NAME - E@UAL INCAEASE IN DefS D,B(IAKREASE) AD AP NIL INCREASE PRIEE AQp = 00, (INCREASE] AP A3 = Ss(INCREASE = NIT QUANTITY GRAPH - 1o GRAPH NAME - INCREASE IN SUPPLY7 A =RB(INCRIASE> AP=PP,(DECREASE). A@s 00,(INCREASE) sO-00,(INCREASE) AP INCREASE IN DE MAND PP(DECREASE) GRAPH - I4 GRAPH NAME COUANTITY - INCREASE IN S & DECREASEIN D AD DD1 CDECREASES PP, (decrEASE) AQs 00, CINCREASE) DECREASE) 15,:S, 25CINC REASE) OUANIT TY GRAPH GRAPH - 12 डु

DATE: Et PRKE (4) OUANTITY GRAPH - DECREASE TN Bo TH BEMAND f FUPPLY MARKET EOUILIBRIUM D.D (DECREASE GRAPH NAME 09 OP CHANGE IN DEMAND 7 SUPPLY 49, ( DECRGASE) PP.( DECREASE SLAHT AFTER AGD 04, %3D %3D OP, PE, %3D