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zaharov [31]
3 years ago
8

Assume an increase in global agricultural production of food due to technology while global population remains the same. Due to

the outward shift in global supply of FOOD, what happens to the equilibrium price and quantity for food?

Business
1 answer:
MA_775_DIABLO [31]3 years ago
6 0

Answer:

The equilibrium price falls and quantity increases

Explanation:

When the supply of food rises without a corresponding increase in demand , there would be an excess supply.

When there's excess supply, prices fall and the quantity produced rises.

I hope my answer helps you

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Explanation:

A company's leadership team is an essential part of the company's strategic development and decision-making process.

Therefore, the leadership team will directly influence organizational performance in the short and long term, in the sense that this team will be responsible for the strategic planning that will contemplate the long term in the organization and help it to reach its goals and objectives.

The decision-making process, on the other hand, will impact the company in the short term and will be essential for the decisions made to be beneficial for the improvement of organizational processes and the achievement of competitive and financial advantages.

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D

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2 years ago
Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha
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