Diminishing Returns Are One Explanation for Diseconomies of Scale.True

question 253

True/False

Diminishing returns are one explanation for diseconomies of scale.True

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Definitions:

Investment Opportunity

A chance to use money with the expectation of achieving a return greater than the initial outlay.

Required Rate of Return

The minimum expected rate of return on an investment that makes it acceptable to an investor, based on the investment's risk level.

Housekeeping Department

A division within a business, particularly in the hospitality industry, responsible for maintaining cleanliness, order, and hygiene in rooms and public areas.

Operating Departments

Divisions within a company that are directly involved in performing the primary business activities, contrasting with support or administrative departments.