stphdrn4403 stphdrn4403

04-11-2022
Business

Answered

you work as an economic analyst at a small manufacturing firm producing umbrellas. your ceo is overjoyed that revenues doubled over the past month as prices increased 200%. she interprets the higher prices and strong sales as a signal there is a shortage in umbrellas, and orders production increased. how would you butts her interpretation of events?

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