Economies of Scale Are Achieved as the Result of ________

question 45

Multiple Choice

Economies of scale are achieved as the result of ________ that creates unit cost reductions.

• A) trade policies
• B) increased tariffs
• C) large scale output
• D) diminishing returns
• E) absolute advantages

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Definitions:

Creativity Skills

Creativity skills involve the ability to think outside the box and generate innovative ideas or solutions.

Question Assumptions

The critical examination of accepted beliefs or premises to challenge their validity and explore alternative perspectives.

Creativity In Management

Creativity in Management involves applying innovative and creative thinking to solve problems, make decisions, and develop new strategies to enhance organizational performance.

Unique Approach

A method or strategy that is distinctively different from others and not commonly used.