The demand shifter is the expected increase in the price of the lab coats.
The equilibrium price and quantity would increase.
<h3>What would happen to equilibrium price and quantity?</h3>
When there is an expectation of an increase in the price of lab coats, people would want to buy more lab coats now to avoid buying lab coats at a high price next week.
As a result, the demand curve for lab coats shifts to the right. The equilibrium price and quantity would increase.
Please find attached the required diagram. To learn more about the demand curve, please check: brainly.com/question/25140811
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Answer: The correct answer is "c. lost-horse forecasting.".
Explanation: This type of forecast is referred to as lost-horse forecasting.
This type of forecast is used based on a known value (usually the last) of the element on which you want to forecast, identify the variable factors that affect this element according to its impact either positive or negative, and prepare a final forecast .
Answer:
Explanation highest paying
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