The C-Chart Signals Whether There Has Been A

question 47

Multiple Choice

The c-chart signals whether there has been a:

• A) gain or loss in uniformity.
• B) change in the number of defects per unit.
• C) change in the central tendency of the process output.
• D) change in the percent defective in a sample.
• E) change in the AOQ.

---

Definitions:

Monopolist

A monopolist is a market participant who has exclusive control over the supply of a particular good or service, setting prices with minimal competition.

Profits

The difference between a business's revenues and its expenses.

Marginal Costs

The added cost due to the production of an extra unit of a product or service.

Demand

In economics, the quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.