Wikihouse Freely Provides User-Submitted Blueprints for Anyone Who Wishes to Build

question 63

Multiple Choice

Wikihouse freely provides user-submitted blueprints for anyone who wishes to build an affordable custom-built house with 3D printing.This is an example of ______ because ______.

• A)crowdsourcing; it uses the expertise of the crowd to greatly reduce the cost of design and construction
• B)crowdfunding; it uses the Internet to quickly generate a large user base for Wikihouse
• C)bootstrapping; it allows amateur designers an opportunity to disrupt the construction business
• D)Wikifunding; it uses the open-source Wikipedia platform to generate new solutions and opportunities

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Definitions:

Unit Sales

The total number of individual items or units that are sold within a specific period.

Traceable Fixed Expense

Fixed costs that can be directly linked to a specific segment of a business, like a product line or department.

Price Increase

An adjustment made to the selling price of goods or services, often due to factors such as inflation, increased costs of production, or improvements in quality.

Percentage Change

A mathematical calculation that shows how much a quantity has increased or decreased as a proportion of its previous value.