You are in the business of manufacturing tablet computers. Assume that you see the prices of your product rising in each of the four cases listed above. The president of your company asks for your forecast for how these conditions are likely to affect your business. Should you expand operations or not? What do you tell him and why? Analyze in terms of supply and demand using microeconomic analysis.

a) Arab Spring. b) Increase in American housing prices. c) Chinese economic growth bubble pops. d) Russia discovers oil.