A Larger Production Volume Allows for Production and Purchasing Economies

question 54

Multiple Choice

A larger production volume allows for production and purchasing economies that lower the unit cost of a product,thereby producing a ________ effect.

• A)scale
• B)scope
• C)cluster
• D)network
• E)Mohring

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Definitions:

Society Rules

Set of norms, laws, and guidelines by which a society operates, influencing the behavior and interactions of its members.

Priest

refers to a religious leader authorized to perform sacred rituals of a religion, acting as a mediator between humans and one or more deities.

Evil Spirits

supernatural entities believed in many cultures to be responsible for harm or misfortune.

Demonology

The belief that abnormal behavior results from supernatural causes such as evil spirits.