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________ Is a Benefit of ERP

question 45

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________ is a benefit of ERP.


Definitions:

Demand Curve

A graph depicting the relationship between the price of a good or service and the quantity demanded for a given period.

Marginal Cost

The amount spent to manufacture one more unit of a product or service.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to produce and sell.

Upsloping

A description for a curve or a line on a graph that shows a positive relationship between two variables, indicating that as one variable increases, the other also increases.

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