If Demand Rises and Supply Rises,equilibrium Price Will _____ and Equilibrium

question 55

Short Answer

If demand rises and supply rises,equilibrium price will _____ and equilibrium quantity will _____.

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Definitions:

Net Profit Margin

A financial metric that calculates the percentage of net profits earned with respect to sales revenue, indicating the efficiency of a company in converting sales into actual profits.

Supply-Chain Efficiencies

The optimization of activities in the supply chain to minimize costs and waste while maximizing speed and quality.

Increase In Profit

The growth in net earnings resulting from operations, often driven by increased sales, cost reduction, or improved productivity.

Bullwhip Effect

A phenomenon in supply chain management where small fluctuations in demand at the retail level cause increasingly larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.