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Which of the Following Automates the Different Steps and Stages

question 4

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Which of the following automates the different steps and stages of the supply chain?


Definitions:

Product Price

The monetary cost of a product, determined by factors such as production costs, competition, demand, and market conditions.

Externality

A consequence of an economic activity experienced by unrelated third parties; it can be positive or negative.

Supply Curve

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

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity demanded by consumers at different prices.

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