An Increase in Quantity Demanded

question 39

Multiple Choice

An increase in quantity demanded

• A)results in a movement downward and to the right along a demand curve.
• B)results in a movement upward and to the left along a demand curve.
• C)shifts the demand curve to the left.
• D)shifts the demand curve to the right.

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Definitions:

Job Shop Operations

A manufacturing process structure where small batches of a variety of custom products are made.

Make-To-Order

A production strategy where products are only manufactured after receiving a customer's order, allowing for customization.

Modular Bills

Bills of material organized by major subassemblies or by product options.

Phantom Bills

refer to a bill of materials used in manufacturing for temporary or virtual assemblies that are not physically built but are needed for planning or costing purposes in complex manufacturing projects.