Time Compression Diseconomies Happen When __________

question 29

Multiple Choice

Time compression diseconomies happen when __________.

• A)more sellers attract more buyers, who in turn attract more sellers
• B)an action increases cost and efficiency
• C)the value of a product increases with the number of users
• D)firms establish long-term contracts with customers

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Definitions:

Straight-Line Depreciation

A procedure for breaking down the cost of a tangible asset over its period of operation in equal annual installments.

Mutually Exclusive

Situations or events that cannot occur at the same time, requiring a choice to be made.

Straight-Line Depreciation

A template for apportioning the cost of a solid asset throughout its active life in equal yearly parts.