In-line industries (ili) produces recreational in-line skates. demand is seasonal, peaking in the
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Answer 1
In-line industries (ili) produces recreational in-line skates. Demand is seasonal, peaking in the summer months. Different activities peak when they are in different seasons based on weather, travel and activity type. In this case, the recreation in-line skate activities peak when the weather is warmer and people are spending more time outside.
Related Questions
If the price of pepsi increases, then there will be ________ of pepsi.
a.an increase in the supply
b.an increase in the quantity supplied
c.a decrease in the quantity supplied
d.a decrease in the supply
Answers
If the price of Pepsi increases, then there will be an decrease in the quantity demanded of Pepsi. When the amount of purchasing Pepsi rises, there is a decline in demand because they are trying to offset the new cost of the Pepsi by purchasing less. When items that aren't a need rise, the demand drops to reflect how pricing does affect certain goods and services.