In This Industry Type, Items Are Manufactured by Machine Rather

question 44

Multiple Choice

In this industry type, items are manufactured by machine rather than assembled from parts. These are standard stock items carried in anticipation of customer demand.

• A) Assemble-to-stock
• B) Make-to-stock
• C) Assemble-to-order
• D) Make-to-order
• E) Engineer-to-order

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Definitions:

Investment Demand Curve

A graphical representation showing the inverse relationship between the rate of interest and the quantity of investment demanded by businesses.

Upward Sloping

An upward sloping curve represents a scenario where there is a direct relationship between two variables, such as price and quantity supplied in a supply curve.

Government Purchases

Expenditures made by the public sector on goods and services, such as infrastructure, education, and defense.

Current Income

Refers to the total amount of money received by an individual or household during a certain period, typically within a year.