https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv Made with big dreams en-us 2020-10-09 18:50:08 UTC 2026-01-22 14:58:29 UTC hello@padlet.com anthonycarter4 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/818861272 As the Law of Demand states as the price of a good decreases, quantity demanded increases. Which will remain true in this situation as cereal is a very popular product among our people. But like the other side of the law states if the price cereal as a whole or a specific brand  increases the people will seek to buy less of the product or seek a substitute.]]> 2020-10-10 19:27:03 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/818861272 anthonycarter4 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/818871535 Opposite of The Law of Demand which has a inverse relationship. The Law of Supply has a direct relationship as an increase in price results in a increase in quantity supplied. Meaning that if the price for cereal increases that the supplier will seek to supply more stores with the necessary amounts of cereal to satisfy the customer. And much like its counter part the Law of Supply can also affect the cereal market when the price for cereal decreases, the quantity supplied will decrease as well.]]> 2020-10-10 19:42:39 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/818871535 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826441744 2020-10-13 19:38:32 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826441744 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826446314 2020-10-13 19:40:03 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826446314 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826450837 As people are growing up they are less interested in eating sugary and fruity cereal so the demand for cereal goes down]]> 2020-10-13 19:41:33 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826450837 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826456617 The economy is now in recession and people are making less money than they did before so they are more likely to buy cereal increasing the demand]]> 2020-10-13 19:43:12 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826456617 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826461470 If the price of milk goes up then the demand for cereal will go down]]> 2020-10-13 19:44:46 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826461470 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826467575 2020-10-13 19:46:47 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826467575 camillerichardson1 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826479176 2020-10-13 19:50:38 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826479176 camillerichardson1 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826488063 Due to government organizations like the FDA, cereal brands would need to pass government regulations from the safety of the cereals to the advertisements in order to be sold in stores]]> 2020-10-13 19:53:32 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826488063 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826497891 The price of oatmeal has gone down, lower than the price of cereal leading to a decrease in demand for cereal.]]> 2020-10-13 19:56:46 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826497891 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826505081 Consumers want something different for breakfast other than cereal resulting in them seeking a new breakfast food]]> 2020-10-13 19:58:44 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826505081 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826516036 Consumers expected there to be a storm in the next few weeks causing them to buy more boxed foods such as cereal]]> 2020-10-13 20:02:31 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826516036 camillerichardson1 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826516804 Cereal companies would get their resources from farms as the main ingredients in cereal would be rice, corn, or wheat]]> 2020-10-13 20:02:49 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826516804 camillerichardson1 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826532940 Consumers are favoring wheat cereal over rice or oat cereal, so suppliers are making more wheat cereal for more consumers]]> 2020-10-13 20:08:36 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826532940 camillerichardson1 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826542547 In order for no defects or to make sure that each box of cereal is at full quality, new employers have to go through training until they pass tests to be involved in the assembly line]]> 2020-10-13 20:12:06 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826542547 camillerichardson1 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826555961 The cereal industry usually have a few firms producing most of the cereal brands, but with more smaller firms entering, would lead to the suppy curve shifting right]]> 2020-10-13 20:17:24 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826555961 camillerichardson1 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826568670 With new technology like machines sorting different cereal into the right bag, or building a cereal box inonly a few seconds, it improves production, making more supply for consumers.]]> 2020-10-13 20:22:30 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826568670 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826578011 2020-10-13 20:26:12 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826578011 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826595272 2020-10-13 20:33:02 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826595272 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826639872 2020-10-13 20:51:50 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826639872 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826649056 2020-10-13 20:56:13 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826649056 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826650357 2020-10-13 20:56:50 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826650357 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826651617 2020-10-13 20:57:29 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/826651617 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827042632 2020-10-14 00:50:03 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827042632 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827049943 2020-10-14 00:53:22 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827049943 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827051104 2020-10-14 00:53:52 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827051104 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827056503 2020-10-14 00:55:47 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827056503 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827057660 2020-10-14 00:56:18 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827057660 https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827058526 2020-10-14 00:56:39 UTC https://padlet.com/anthonycarter4/e9uw4q8jx0evkiv/wish/827058526