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Alexxandr [17]
3 years ago
8

Suppose that summer in a resort town is very rainy. we can expect demand to shift _____ and the equilibrium price for hotels to

_____.
Business
1 answer:
MAVERICK [17]3 years ago
5 0
<span>If the summer in a resort town is very rainy we can expect demand to shift left and the equilibrium price for hotels to fall. Decreases</span><span> in </span>demand<span> are shown by a shift to the left</span><span> in the </span>demand curve. <span>If the supply decreases but demand holds steady, the </span>equilibrium price<span> increases but the </span>quantity<span> falls. If in summer rains than it is expected less tourists to visit the city and that is why the demand will be shifted left.</span>
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5 0
3 years ago
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C) marketing channel or channel of distribution

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Correct/Complete Question:

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Cheers.

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3 years ago
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