Supply and demand has become less volatile as managers become more adept at controlling the elements.

Question

Quizplus · Accepted Answer

Supply and demand are influenced by various factors that are often beyond the control of managers, such as natural disasters, changes in consumer preferences, and global economic conditions. While managers can take steps to influence supply and demand within their industry or market, it is unlikely that they can completely control these elements, making them still volatile.

Supply and Demand Has Become Less Volatile as Managers Become