Discuss the concept of change in supply.​

Answers

  • Réponse publiée par: RoseTheShadowHunter
    A change in supply is an economic term that describes when the suppliers of a given good or service alters production or output. A change in supply can occur as a result of new technologies, such as more efficient or less expensive production processes, or a change in the number of competitors in the market.
  • Réponse publiée par: cland123
    When there is few supply, and there is a lot of demand, prices go up. When there is few demand but a lot of supply, proces go down.
  • Réponse publiée par: sicienth

    Tell the manager or staff that the hotel room has a suspicious looking object

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Discuss the concept of change in supply.​...