Figure 3-8 
-Refer to Figure 3-8.The graph in this figure illustrates an initial competitive equilibrium in the market for sugar at the intersection of D1 and S2 (point B) .If there is an decrease in the price of fertilizer used on sugar cane and there is a decrease in tastes for sugar-sweetened soft drinks,how will the equilibrium point change?
Definitions:
Accounts Receivable
Financial obligations of customers towards a business for delivered but unpaid goods or services.
Operating Cycle
The duration of time it takes for a company to buy inventory, sell it to customers, and collect the cash from sales.
Merchandiser
An individual or company involved in the wholesale purchase and retail sale of goods for profit.
Sales Revenue
The money made from offering goods or services for sale over a specified duration.
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