Assume That the Demand Curve for Tablet Computers Shifts to the Right

question 105

Multiple Choice

Assume that the demand curve for tablet computers shifts to the right and the supply curve for tablet computers shift to the left, but the supply curve shifts more than the demand curve. As a result:

• A)both the equilibrium price and quantity of tablet computers will decrease.
• B)the equilibrium price of tablet computers will decrease; the equilibrium quantity will increase.
• C)the equilibrium price of tablet computers may increase or decrease; the equilibrium quantity will decrease.
• D)the equilibrium price of tablet computers will increase; the equilibrium quantity will decrease.

---

Definitions:

Capacity Planning

The process of determining the production capacity needed by an organization to meet changing demands for its products.

Materials Planning

The systematic determination of required materials and components, including quantity and timing to support production.

Core Function

The primary and essential activities that a business or system is designed to perform.

MES

Manufacturing Execution System, a control system for managing and monitoring work-in-process on a factory floor.