Which of the Following Refers to Unit Cost Increases Associated

question 49

Multiple Choice

Which of the following refers to unit cost increases associated with a large scale of output?

• A) Economies of scale
• B) Learning effects
• C) Diseconomies of scale
• D) Flexible manufacturing
• E) Mass customization

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Definitions:

Better Results

An improvement in outcomes or achievements compared to previous performances.

Chip In

To contribute something, often money, towards a common goal or pool of resources.

Diversity in Groups

The inclusion and integration of individuals with varying characteristics, such as race, gender, age, and cultural background, within a group or organization.

Homogenous Groups

Groups composed of members who are similar in terms of characteristics, beliefs, or backgrounds.