Answer to Question #259430 in Management for Samri

Question

Weston Corporation manufactures a product that is available in both a deluxe and a regularmodel. The company has made the regular model for

Answer 1

Whenever demand is constant, there is an inverted correlation involving the supply and prices of products and services. Prices seem to decrease to a reduced ideal price and a higher equilibrium quantity of products and services when supply increases while demand maintains constant.