Answer:
Because the freeze has damaged the orange crop, the supply curve wil shift to the left, since suppliers now have less oranges available for sale.
This will cause the equilibrium quantity to fall, because there is less produce available, and the equilibrium price to rise, because all else being equal demand remains unaffected, and now, more consumers will scramble for a lesser amount of the good.
The increase of the new SUV from $24,000 to $26,000 after the agreement illustrates a low-balling technique.
<h3>What is a low-balling technique?</h3>
This is a tactics used when the persuader gets a person to commit to a low offer that they have no intention of keeping and then, the price is suddenly increased.
Hence, the increase of the new SUV from $24,000 to $26,000 after the agreement illustrates a low-balling technique.
Read more about low-balling technique
<em>brainly.com/question/14565653</em>
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When a firm is experiencing lesser profit it can come up
with different strategy to improve its present product rather than developing
new product because improving present product involves lesser cost therefore
more profit. The answer is B. Product Extension and C. New product placement.
Reintroduction is one way, it is launching the product
using more creative sales and marketing strategy. It can target a new market segment,
provide more information about the product and use more appealing
advertisements. The product’s packaging can also be changed to make it look
more attractive and fresh.
Product
extension can be use as it is targeting a new market. It can
involve exporting the products. This strategy may be costly but when successful
will level up your product’s quality as it passed exporting quality. It is
changing the market NOT the product.
New
product Placement is a strategy where in the products are
advertised by placing it in media. The products are shown for example in
movies, the character uses the products that way it can give awareness to the
viewers how the products can be used and also the brand and name of the
products are advertised without direct reference to the product. It doesn’t
involve changing the product’s feature only the product placement is changed to
a new one.
<span>Rebranding can also be used. It is introducing your
product with a new name, changing the product’s name not only its packaging but
the total appearance. It gives the product a whole new image to target new
image audience or expand its audience.</span>
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Answer:
increases; increases
Explanation:
A cut in tax rate has numerous advantages and disadvantage to the economy both in long-run and short-run. A cut in tax rates increases the discretionary cash flow of people, which drives them to expand their utilisation spending. A cut in charge rates increment the size of the multiplier impact