Answer:
Modified Rebuy
Explanation:
Modified Rebuy is a purchasing scenario in which products are bought that were previously sold but there will be noticeable differences when it comes to the buying agreement under analysis: certain components of the original order are altered, like design specifications, conditions, quality, price, condition arrangements, etc.
In this Situation, manufacturing companies have to be updated for these changes that's why they need new advance software.
Answer:
The answer is: B) equals the quantity supplied.
Explanation:
For all products and services; the equilibrium price is always the price where the quantity supplied of a product or service (in this case apartments offered for rent) is equal to the quantity demanded of that product or service (in this case apartments demanded for rent).
Economic welfare is when economy is doing good. There is good profit and trade.
As the benefit of consuming more of a good falls with each additional unit, the price consumers are willing and able to pay also falls with increased consumption. this scenario describes a downward-sloping demand curve
<h3>What is a Demand Curve?</h3>
This refers to the graph or pictorial representation that shows how the demand for a commodity or service varies with changes in its price.
Hence, we can see that As the benefit of consuming more of a good falls with each additional unit, the price consumers are willing and able to pay also falls with increased consumption. this scenario describes a downward-sloping demand curve
Read more about demand curve here:
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Answer:
Demand decreases.
Explanation:
The demand decreases because the price increase would cause drivers to travel less, meaning that gasoline sales would go down.