Large Scale Investments in Technology May Lead to Diseconomies of Scale

question 63

True/False

Large scale investments in technology may lead to diseconomies of scale due to excess capacity, cost overruns, and cost control problems.

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Definitions:

Therapy

A treatment intended to relieve or heal a disorder, often involving psychological techniques.

Eyewitness Testimonies

Statements given by individuals who have witnessed a particular event, often used as evidence in legal proceedings, though their reliability can be affected by various factors.

Ethnic Background

Refers to a person's heritage, culture, and ancestry, where individuals identify with a specific ethnic group.

Suspect

A person thought to be guilty of a crime or offense.