Mass Customization Is Based on the Idea That All of the People

question 136

True/False

Mass customization is based on the idea that all of the people in a particular market have the same needs.

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Definitions:

Independent Plans

are strategies or courses of action devised and executed autonomously by an individual, organization, or country without external control or influence.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a certain period.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a given time period.

Surplus

The amount by which the quantity supplied of a product exceeds the quantity demanded at a specific price.