Excessive spare parts inventories, a lack of transferable employee skills, increased support costs.
Answer:
The correct answer would be lost market share and customers.
Explanation:
When companies start their business and their business starts to boom, they usually get busy in making their products better and better and usually forget to keep an active eye on the competition they have in the markets. Almost 80% of the business owners are clueless about the competition. Due to this negligence, companies start to loose their market share as well as the customers, because they don't have idea about what their competitors have introduced in the market and what strategies they have used to compete in the market.
A change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
<h3>What is a supply curve?</h3>
The supply curve is a positively sloped curve that shows how quantity supplied changes with price of the good. All things being equal, the higher the price of the good, the higher the quantity supplied.
<h3>What is a change in supply and a change in quantity supplied?</h3>
A change in quantity supplied is as a result of a change in the price of the good. If price increases, quantity supplied increases and if it decreases, quantity supplied decreases.
A change in supply is caused by other factors other than price. Some of these factors include:
- A change in the number of suppliers
- The cost in the price of raw materials needed in the production of the good.
A change in supply leads to a movement outward or inward.
To learn more about supply curves, please check: brainly.com/question/26073189