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Which of the Following Is Not a Supply Chain Risk

question 19

Multiple Choice

Which of the following is not a supply chain risk associated with offshoring?


Definitions:

Demand

The consumer's desire and willingness to pay for a product or service at a specific price.

Supply

The total amount of a good or service that is available for purchase at any given price point.

Equilibrium Price

The equilibrium price where the supply of goods meets the demand for those goods in the marketplace.

Equilibrium Quantity

The quantity of goods or services supplied that is equal to the quantity demanded at the market price.

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