The Most Likely Explanation for Economies of Scale Is

question 7

Multiple Choice

The most likely explanation for economies of scale is

• A)coordination problems.
• B)specialization of labor.
• C)increasing marginal cost.
• D)decreasing marginal cost.

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Definitions:

Measuring Contribution

The process of assessing the value or impact of an individual’s or group’s work towards achieving organizational objectives.

Financial Measures

Quantitative indicators used to assess the financial health, performance, and stability of a business, such as profit margin, return on assets, or debt-to-equity ratio.

Managerial Perceptions

The interpretations or views of managers regarding various aspects of their organization, its environment, or specific situations they face.

HR Analytics

The process of collecting and analyzing human resource data to improve HR and organizational decisions.