Answer:
Trade salesperson.
Explanation:
Trade salesperson: They are the person who keeps in touch with the retailer and helps them to display, advertise and sell a product to the end-user. They also advise retailers on how to push the product in the market and introducing new strategies to promote its product. In the recent era of the supermarket, it is important to position the product at the right place to make it visible to the customer and the right price to make it affordable to the target customer.
Answer:
stable because at this price the quantity demanded equals the quantity supplied.
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
Generally, the equilibrium price is generally said to be stable because at this price, the quantity of goods or services demanded is equal to the quantity of goods or services supplied to the consumers.
