1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tcecarenko [31]
3 years ago
10

An increase in demand and an increase in supply will lead to:_______

Business
1 answer:
Westkost [7]3 years ago
6 0

Answer:

increase in the equilibrium quantity

Explanation:

The equilibrium quantity for a product is defined as a point where the supply of a product is equal to the demand of that product. The demand curve as well as the supply curve have opposite trajectories and they eventually intersects creating an economic equilibrium and a equilibrium quantity.

Whenever there is an increase in the supply and an increase in the demand of a product, it will lead to the increase in the equilibrium quantity of the product.

You might be interested in
George owns four dry cleaning stores in the suburbs of Orlando, Florida. He recently updated his STP analysis and has finished a
Alik [6]

Answer:

how to allocate resources among his four stores.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four factors of production are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

In this scenario, George owns four dry cleaning stores in the suburbs of Orlando, Florida. He recently updated his STP analysis and has finished adjusting his marketing mix based on the STP results. His next strategic marketing decision will most likely involve determining how to allocate resources among his four stores.

5 0
3 years ago
Need Help ASAP <br> List three (3) examples of workplace documents?
mafiozo [28]
Emails Letter and Business Reports
4 0
3 years ago
Read 2 more answers
Given your understanding of the marketing discipline (analyzing the situation through the 3cs, developing marketing strategy thr
Dmitrij [34]

Answer:

Explanation:

1.Price: check if our price is still within the range of what our customers can afford or budget for.

2.Promotion: Does our customers or potential customers still view our advertisements.

3.Product: is our product still relevant and up to date when it comes to services and software.

4.Customers: Talk about our target audience, is there any change?

5.Competition: what are our competitors doing, why do customers prefer them to us

5 0
3 years ago
First to answer gets Brainliest
igor_vitrenko [27]
You need to go into excel and make it there
6 0
3 years ago
Find the sum of 2x kg and 5x g. Give the answer in grammes.​
maksim [4K]

Answer: 3,600 g

Explanation:

7 0
2 years ago
Other questions:
  • To enable remarketing in google analytics, what must first be enabled?
    14·1 answer
  • Which technique of advertising shows that multiple consumers use a product to build consumer trust in the product? indirect ad b
    5·2 answers
  • What is the typical relationship between time and interest rate?
    7·1 answer
  • A firm's database showed that the average value of all inventory items for the year was $7,650. The cost of goods sold was repor
    11·1 answer
  • Addison company will issue a zero-coupon bond this coming month. The projected yield for the bond is 7%. If the par value of the
    6·1 answer
  • Joanette, Inc., is considering the purchase of a machine that would cost $620,000 and would last for 10 years, at the end of whi
    8·1 answer
  • Use the following information for ECE incorporated: Shareholder Equity $100 million Assets $200 million Sales $300 million Net I
    5·1 answer
  • phân tích phạm trù hàng hoá sức loa động theo quan điểm cua chủ nghĩa mác.Thực trạng thị trường sức lao động ở nước ta hiện nay.
    11·1 answer
  • What type of bank account is best for everyday transactions?
    13·2 answers
  • The market price of a security is $26. Its expected rate of return is 13%. The risk-free rate is 5%, and the market risk premium
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!