Answer:
The equilibrium price is expected to decrease
Explanation:
Here, we want to state what will happen to the equilibrium price when the supply go a product increases but the demand stays the same
What will happen is that the equilibrium price is expected to fall since in this particular case the supply of the product will actually exceed the demand for it
So all things being equal, the demand for the product at increased supply will drive a decrease in equilibrium price
Answer:
Yes
Explanation:
because it is and of course its is ask googel
Answer: The price of the popular product will increase.
Explanation:
Since it is stated that the product is popular. It means that it has vaule to most therefore when the price increases most will still buy as long as it is in reason.
Without having a plan in place, managers may focus only on whatever in front of them instead of keeping a long-range view and anticipating new opportunities.
<h3>What is planning?</h3>
Planning can be regarded as one of the function of management which requires the manager to set a goal as well as objectives that is needed to work on.
Therefore if a manager fails to plan, there wont be a direction and this will not allow him to achieves those goals and objectives and this will affect the future of the organization.
learn more about planning at:brainly.com/question/24864915
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