Use the Following to Answer Questions

question 36

Multiple Choice

Use the following to answer questions :
Figure: Shifts in Demand and Supply II
-(Figure: Shifts in Demand and Supply II) Look at the figure Shifts in Demand and Supply II. The figure shows how supply and demand might shift in response to specific events. Suppose the birthrate decreases. Which panel BEST describes how this will affect the market for diapers?

• A)panel A
• B)panel B
• C)panel C
• D)panel D

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Definitions:

Simulation

The use of models to study the behavior and performance of real-world processes, systems, or events in a controlled environment.

Inventory Modelling

The mathematical modeling of inventory systems to optimize the inventory levels, ordering quantities, and safety stock to minimize costs and meet demand.

Douglas McGregor

An American social psychologist best known for his Theory X and Theory Y classification, describing differing perceptions of workforce motivation.

Behaviour Modification Techniques

Methods or strategies used to change or modify individual or group behaviors, often applied within organizational or therapeutic settings.