Mass Production Is Possible Only If There Is Also _________________________

question 242

Short Answer

Mass production is possible only if there is also _________________________.

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Definitions:

Demand Elasticity

Demand Elasticity measures how sensitive the quantity demanded of a good or service is to a change in its price, income levels, or other factors.

Learning Organisations

Continuously change and improve using the lessons of experience.

Information Technology

The use of computers, software, networks, and other digital devices to store, process, and exchange data.