Answer:
i think its important because working through these creates the plan for the product, creation of sed product how to use it sell it and have a successful product.
Im so sure but I can help you later just give me a few minutes
Answer:
A. Procyclical policy.
Explanation:
Procyclical policy is basically is a government approach to increase goverment spending and reduces taxes while government is going through economic expansion.
Economists call this the law of demand. As the price of a product increases, the quantity demanded decreases (but the demand itself remains the same). If the price falls, the quantity demanded will increase.
Resource Prices – Rising resource prices lead to a decrease in supply or a leftward shift in the supply curve. Falling resource prices lead to an increase in supply or a rightward shift in the supply curve.
An increase in demand shifts the demand curve to the right and a decrease in supply shifts the supply curve to the left.
A decrease in demand leads to a decrease in the equilibrium price. Less quantity to deliver. An increase in supply leads to a product decrease in the equilibrium price, all other things being equal. Demand increases.
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