Answer:
b. Mass customization
Explanation:
Mass customization -
It is the process of producing goods and service which can be altered according to the likes and dislikes of the customer , is known as mass customization .
It is the method to increase the production and increase marketing and manufacturing methods .
This method is also known as built - to - order or made - to - order method .
This method allows the customer to have a wider area of options and increase the creativity .
Hence , from the question ,
The correct term for the given example is mass customization .
<span>Excess supply decreases the number of potential sellers and increases the number of potential buyers. This situation will continue until an equilibrium is reached where the number of buyers will be roughly the same as the number of sellers. The price will continue to fall until a clearing of the market results in a steady state.</span>
Answer:
B. $500,000
Explanation:
In this question, we have to apply the GDP formula which is given below:
GDP = Cost of total produced cars - imports
where,
Cost of total produced cars would be
= Number of cars produced × price per car
= 30 cars × $20,000
= $600,000
And, the imports would be $100,000
So, the GDP would be
= $600,000 - $100,000
= $500,000
Answer:
A gallon of gasoline cost 1.36 carton of milk
Explanation:
We should divide the given product over the base product
In this case, gasoline is the product we want to express based on carton of milk:
2.39 gallon of gasoline / 1.76 carton of milk = 1,35795454
A gallon of gasoline cost 1.36 carton of milk
Answer:
a) Enterprise resource planning (ERP)
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