Question 3 1 pts Below is a possible very crude depiction of Apple's supply chain. Which statement is correct? --+ Foxconn Makes il'hone Inputs Apple Designs iPhone 0 All the other answers are correct. 0 The picture is incorrect because it shows two arrows as Outputs. 0 The picture is incorrect because the upper-left rectangle should be the tier-1 feeding into the tier-2 (we always start left-to-right in labeling the "tier" of suppliers}. 0 The picture is incorrect for analyzing some aspects related to Apple's supply chain because the picture may not be detailed enough to address all questions. Question 4 1 pts What does the figure below illustrate? Customer Retailer Factory Tier 1 Supplier Tier 2 Supplier O Incentive incompatibilistpply chain. O Production smoothing. O Lack of robustness in a supply chain. O The bullwhip effect.Question 5 1 pts What is Double Marginalization? O Each of 2 firms in a supply chain adds a margin to a product (hence, "double" margins). O Each of 2 firms in a supply chain is, on the margin, doubly productive as compared to the other firm. O Each of 2 firms in a supply chain doubles the other's margin. O Each of 2 firms in a supply chain marginalizes the other