The prices of Japanese goods will increase.
<h3>Economic Principles of Demand and Supply </h3>
Following the principles of demand and supply, the higher the price, the higher the quantity supplied (all other factors remaining constant).
Recall that cost of production for Japanese goods has also increased according to the question. When prices increase, suppliers sometimes want to take advantage to create even additional inflation in order to get additional profit. Hence they put out more goods at the instance of increased prices.
See the link below for more about the law of supply:
brainly.com/question/4803223
Answer:
Explanation:
Apply first discount to original price
apply next discount to discounted price
etc
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Answer:
Operations Management:
a) true
Explanation:
Operations management ensures that the organization achieves its objectives by coordinating processes and executing them in the conversion of organizational resources into goods and services which will enable the organization to maximize profits. It is the core of the organizational hierarchy and plays important tactical roles that deliver results. It translates the strategic policies of top management into day-to-day actionable and deliverable processes to meet external needs (customers'), thereby generating income for the owners of the business. Without operations management, a business remains an idea that cannot be implemented.
