-In Figure 11-3B Above, the Demand Curve Shifts from D₁

question 392

Multiple Choice

-In Figure 11-3B above, the demand curve shifts from D₁ to D₂. This most likely represents

• A)an increase in demand that did not require a change in price but was the result of a change in one or more demand factors.
• B)an increase in demand that required a decrease in price.
• C)no change in price and a decrease in demand that results from internal business practice changes.
• D)no change in demand or price but a greater profit due to economies of scale.
• E)an decrease in price from $8 to $6 per unit.

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Definitions:

Product Design

The process of creating a new product to be sold by a business to its customers, focusing on specifications, features, and appearance.

Enhance Productivity

To enhance productivity means to increase the efficiency and output of a process, system, or organization, often through improvements in methods, technologies, or resources.

Environmentally Sound

Practices or products designed in a way that minimizes harmful impacts on the environment and conserves natural resources.

Quality Function Deployment

A systematic approach to design based on a close awareness of customers' desires, with the aim of translating those desires into the target design.