The following figure shows the demand and supply curves for USB flash drives at different price levels. D is the demand curve, and S₁ is the initial supply curve.
-Refer to the figure above.If the supply curve for flash drives shifts from S₁ to S₂,with no change in the demand curve,the new competitive equilibrium price is ________.
Definitions:
Visionary Leadership
Leadership that brings to the situation a clear sense of the future and an understanding of how to get there.
Compelling Sense
An irresistible urge or an intense feeling that drives action.
Executive Success
A measure of the achievement and progress towards goals that an individual in an executive position realizes, often reflecting leadership effectiveness and company performance.
Influence
The power to impact the personality, growth, or actions of an individual or entity, or the impact resulting from this.
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