Company XYZ producing a product that is high in quality and specification in accordance to the market demand without any deviation: Economics Case Study, OUM, Malaysia
|Open University Malaysia (OUM)
Company XYZ producing a product that is high in quality and specification in accordance to the market demand without any deviation as XYZ is having long term contract to deliver a product with a fixed price.
Due to external factors in the economy prices for labor, raw material, energy, etc. has increased which led to increase in cost of production for the past few months.
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