The Demand for Computers Has Risen Dramatically at the Same

question 194

Multiple Choice

The demand for computers has risen dramatically at the same time that the unit cost of production has decreased.As a result, we can expect

• A)a decrease in price and no predictable impact on output.
• B)a definite decrease in price and increase in output.
• C)an increase in output with no predictable change in price.
• D)no predictable changes in either price or output.

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Definitions:

Predictable Variability

The expected fluctuation in demand, supply, or operational processes that can be anticipated based on patterns or historical data.

Forecasted Demand

The estimated quantity of a product or service that consumers will purchase in the foreseeable future.

Subcontracting

The practice of assigning or outsourcing part of the contractual obligations or work to another party, often to specialize or expedite processes.

Seasonal Workforce

Employees hired on a temporary basis, often in industries that experience fluctuations in demand at different times of the year.