An Increase in the Demand for a Product Will Cause

question 82

True/False

An increase in the demand for a product will cause many firms to leave the industry.

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Definitions:

SDLC

Software Development Life Cycle (SDLC) is a process followed in software engineering to design, develop, and test high-quality software through distinct phases like planning, analysis, design, implementation, and maintenance.

Prototype

An early sample, model, or release of a product built to test a concept or process or to act as a thing to be replicated or learned from.

Design Phase

A stage in a project where the plans, specifications, and blueprint for the project are developed.

Agile Development

A method of software development emphasizing incremental delivery, team collaboration, continual planning, and continual learning.