Answer: Mass customization
Explanation:
The mass customization is one of the marketing technique in which the various types of products and the services are get modified according to the customer requirement.
It basically associate with the mass production in which the products are available with the lower cost. In the organization, the mass customization technique basically allow the customers for selecting and designing the various types of features for the products.
Therefore, Mass customization is the correct option.
Equilibrium price will increase and quantity will decrease will be the resulting change in the equilibrium of the chocolate bar market.
The equilibrium charge is the rate at which the amount demanded equals the amount supplied. It's far decided through the intersection of the demand and deliver curves. A surplus exists if the amount of an excellent or carrier provided exceeds the amount demanded on the contemporary charge; it causes downward strain on the charge.
Equilibrium is the nation wherein market supply calls for balance every other, and as a result, costs come to be strong. Typically, an over-supply of goods or services causes expenses to move down, which results in a higher call for—while an underneath-deliver or shortage causes fees to head up resulting in less demand.
Upward shifts inside the supply and demand curves have an effect on the equilibrium rate and amount. If the deliver curve shifts upward, meaning deliver decreases however demand holds constant, the equilibrium rate will increase but the quantity falls.
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Answer:
594 units
Explanation:
We must apply the logistics growth model, since applying linear or exponential growth will result in numbers which are much higher than the total production capacity of this facility. When we use the logistics growth model, the growth rate decreases as the resource limit approaches.
f(x) = c / (1 + ae⁻ᵇˣ)
initial value = c / (1 + a) = 240
600 = 240 + 240a
360 = 240a
a = 1.5
b = growth rate = (360 - 240) / 240 = 0.5
x = 5
e = 2.71828
f(x) = 600 / [1 + [1.5 x (2.71828⁻⁵) = 600 / 1.010106954 = 593.9965 = 594 units
Answer:
Explanation:
Importance of National Income Statistics to the government of Ghana
The importance of national income statistics to the government of Ghana can not be understated.
There are many importance and uses of national income statistics among which includes the following:
1. It shows the standard of living: National income statistics gives an indication of the standard of living of the people of Ghana through the measure of per capita income.
2. For economic policies and planning: The national income statistics is vital for economic policy formulation and planning
3. It gives pattern of expenditures of households: The national income data give an idea of the pattern of expenditure of households
4. Comparison purposes: The per capita income which is obtained from the national income estimate is used to compare the standard of living of Ghana with other countries.
Answer:
its either 'a net worth statement' or 'a budget'
Explanation:
