Rationalization Is a Process That Increases Costs and Duplication of Tasks

question 38

True/False

Rationalization is a process that increases costs and duplication of tasks.

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Definitions:

Comparative Advantage

The ability of a country or firm to produce a good or service at a lower opportunity cost than its competitors.

Cooking

The process of preparing food for consumption by applying heat, combining ingredients, or both, following various methods and traditions.

Opportunity Cost

The worth of the best alternative option given up due to a decision made.

Production

The method of merging different material and immaterial inputs, such as plans and expertise, to produce something that can be consumed.