Mass customization (build to order)
Answer:
A lack of competition
Explanation:
Non = absence
competition = the act of competing in a event
Which means noncompetition would mean "a lack or a absence of competition."
Hope this helps.
Answer:
4) GDP will tend to increasingly understate the level of output through time.
Explanation:
The GDP includes all the final and legal goods and services produced within a country during a year, and underground economies usually involve illegal activities. Since the GDP does not include underground activities (e.g. unreported income, illegal drugs, prostitution, gambling, etc.), it will understate the true level of economic activity.
The GDP only includes activities that are subject to taxes, but some economists estimate that the size of the US underground economy is between $2.25 trillion to $2.46 trillion.
