How would you know demand has increased

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Reference no: EM1366721

1. How would you know demand has increased? (What is the first piece of information which would lead you to conclude that demand has increased?)

2. What is the first thing you would do in response to the change in this market signal?

3. What might be the second thing you would do and why?

4. What may be the benefit or danger connected with your decision to respond to the change in events and how could you decrease the "danger" and increase the "benefit?"

Reference no: EM1366721

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