Figure 2-10 
-Refer to Figure 2-10. How are the price of roses and the quantity of roses related?
Definitions:
Income
Money received, especially on a regular basis, for work or through investments.
Industry Life Cycle
A concept that describes the stages of growth and development that an industry goes through from inception, through growth, maturity, and eventually decline.
Stock Prices
The current market price at which shares of a company are bought or sold.
Supply Shock
An unexpected event that suddenly changes the supply of a product or commodity, leading to a rapid change in its price.
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