Experts Recognize Three "Mega" Themes Among the Game-Changing Supply Chain

question 25

True/False

Experts recognize three "mega" themes among the game-changing supply chain technologies on the horizon: mobility, digitization, and artificial intelligence.

---

Definitions:

Demand Curve

A graphical representation that shows the relationship between the price of a good or service and the quantity demanded for it over a given period of time.

Marginal Product

Marginal product refers to the additional output produced as a result of adding one more unit of a specific input, while holding other inputs constant.

Resource

An economic or productive factor required to accomplish an activity, or as a means to undertake an enterprise and achieve desired outcome.

Marginal Revenue Product

The additional revenue generated by employing one more unit of a resource, such as labor.