The following situations relate to the demand curve for iPhones [normal good]. For each situation, state whether it is a change in quantity demanded or a change in demand. For every ‘change in demand’ indicate whether the change is an increase in demand or a decrease in demand as it relates to the quantity demanded/demand for iPhones now. (a) Income statistics show that income of 18–25-year-olds have increased by 10 Percent over the last year. (b) Apple announces that it will introduce a new, improved and cheaper iPhone to go on sale next month (c) Believing that it has significant control of the market for smart phones, Apple decides to raise the price of iPhones with the goal of increasing profits. (d) The price of Android phones, a substitute for the iPhone, decreases. In

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1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation:

answer; foreign exchange transaction;