There Is an Increase in the Quantity of Pizza Purchased

question 80

Multiple Choice

There is an increase in the quantity of pizza purchased but no change in the price of pizzA.Which of the following is most likely to have occurred?

• A)Supply increased while demand remained unchanged
• B)Both supply and demand increased
• C)Supply increased while the quantity demanded increased
• D)Demand increased while supply remained unchanged
• E)Both supply and demand decreased

Understand the impact of technology on productivity, convenience, safety, and security in daily life.

Identify and describe the role of technology in creating intelligent work and learning environments.

Recognize the application and benefits of AI and IoT technologies in various scenarios.

Comprehend the significance of technological advancements, such as the microprocessor, in computing history.

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Definitions:

Manufacturing

The procedure of changing basic materials, components, or elements into end products that align with a customer’s needs or criteria.

Direct Materials

Raw materials that can be directly traced to the manufacturing process of a product and are a significant part of its cost.

Secondary Materials

Materials used in the production process that are not the primary raw materials.

General Materials

Basic supplies and resources used in the everyday operations of a business, not directly tied to the production of specific goods.