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Identify in each of the situations who it affects (demand/supply) or both and how it affects them (increases/decreases) according to the determinants discussed in
Identify in each of the situations who it affects (demand/supply) or both and how it affects them (increases/decreases) according to the determinants discussed in class: 1) COMPETITION PRICES HAVE INCREASED CONSIDERABLY, RESULTING IN AN INCREASE IN BUYERS AND THIS IN TURN INCREASES INVENTORY MOVEMENT. HOWEVER, THE REACTION OF BUYERS IS GREATER TO THE INVENTORY MOVEMENT. 2) THE SOLAR PANEL MANUFACTURING SECTOR INVESTED $75 MILLION IN NEW TECHNOLOGY, HOWEVER, ITS EFFECT IS LESS THAN THE DECREASE IN CONSUMER PREFERENCE FOR THIS PRODUCT.
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