Vouchers Given to Consumers

question 242

Multiple Choice

Vouchers given to consumers

• A) increase the demand for a good.
• B) decrease the demand for a good.
• C) increase the supply of a good.
• D) decrease the supply of a good.
• E) increase both the demand for the good and the supply of the good.

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Definitions:

Functional Structure

An organizational structure that groups together employees who perform similar functions or tasks.

Modular Design

A system in which a process, product, or service is divided into components that can be changed independently and then reintegrated into the system.

Economies Of Scale

The cost advantages that enterprises obtain due to the scale of their operations, typically resulting in lower costs per unit as production increases.

Modular Platform

A design approach where components or systems can be easily interchanged and integrated, enhancing flexibility and scalability.