Answer:
d. decrease, increase
Explanation:
A simultaneous increase in supply and decrease in demand for HD tvs would lead to an excess of supply of demand and equilibrium quantity would increase and equilibrium price would fall.
An increase in supply for HD tvs would shift the supply curve to the right . A decrease in the demand for HD tvs would shift the demand curve to the left.
Check the attached image for a graph showing the effect of a simultaneous increase in supply and decrease in demand for HD tvs on equilibrium price and quantity.
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Explanation:
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Answer:
Explanation:
We need to purchase to fullfil the inventory for this amount of units.
<u>Now we have to calculate each component:</u>
Next, we multply the purchase requirement per amount per tpye of unit. Once we got total quantity me multiply by the cost.
Answer:
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Explanation: