Mass Production Manufactures a Large Number of Uniform Products with an Assembly

question 158

True/False

Mass production manufactures a large number of uniform products with an assembly line system.

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Definitions:

Bluetooth Speakers

Bluetooth speakers are portable audio devices that wirelessly connect to smartphones, tablets, or computers, allowing for music and other audio playback anywhere.

Expectation

The anticipation or belief regarding a future event or outcome.

Price Rise

an increase in the cost of goods or services over time, also known as inflation in an economic context.

Supply Shift

A change in the supply curve of goods or services caused by factors other than price changes, leading to a new equilibrium in the market.