Scenario 7-2
Suppose market demand and market supply are given by the equations: 
-Refer to Scenario 7-2.Suppose a reduction in input prices shifts the market supply curve to 
By how much does total consumer surplus increase as a result of this supply shift?
Definitions:
Total Order
Total order is the complete quantity of goods or services requested by a customer at a particular time.
Demand Pattern
The trend or tendency of buyers purchasing certain quantities of a product at various times.
Overstock
Occurs when a company holds more inventory than it can sell, potentially leading to high holding costs and reduced profitability.
Product Availability
The extent to which a product can readily be found in the market and is accessible to customers.
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