It would be GROWTH, so the most important factor for him would be growth.
Hello! I am answering this question for you. one second!
The answer to this question is <span>both the equilibrium price and quantity will rise
For substitutes, the movement of price usually really similar. In this case, when the price for butter rises, margarine suppliers will see this as an opportunity to increase the profit by also increasing the price of their products which will also increase the quantity equilibrium</span>
Answer:
Style modification
Explanation:
Style modification is a form of product differentiation used to influence the way a product appeal to a customer by altering its taste , color , texture , sound and smell.
It is adopted in order to get a unique position in the market in order to gain a competitive advantage and a large market share.
The production of the back pack in new variety of color is a typical example of style modification
