Answer:
equilibrium price would fall and equilibrium quantity would increase
Explanation:
The discovery would reduce the amount of crops now lost to frost damage and increase the supply of crops e.g. potato.
As a result of the increase in supply, there would be an excess of supply over demand equilibrium price would fall and quantity would increase
Please check the attached image for a graph showing increase in supply
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An employee at Falcon Security is studying an analyst of data regarding the occurrence of problems and failures with its drones camera. Based on the analysis, the employee may schedule maintenance on the equipment Falcon Security is using the analysis to decision making.
If he was the first to say he wanted the product and the seller wants to sell it as fast as possible than yes. But not technically it would be a kind of verbal understanding and agreement.
Answer:
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Explanation:
Consumer Price Index
The Consumer Price Index (CPI) is a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services.