Assignment title: Management
Message: Problem 1 (50 points) Use the Hill Method for each of the following questions: 1. A new toy store opens. What happens to the price and quantity of toys? 2. A new machine is invented to produce toys faster. What happens to the price and Quantity of toys? 3. A new toy store opens and at the same time people start preferring toys to candy. What happens to the price and quantity of toys?