A University That Benefits from Lower Costs Per Enrolled Student

question 218

Multiple Choice

A university that benefits from lower costs per enrolled student as it builds more buildings and enrolls more students is an example of a service provider with:

• A)economies of scale.
• B)diseconomies of scale.
• C)increasing opportunity costs.
• D)scale reduction.

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Definitions:

Transitional Words

Words or phrases that provide a connection between ideas, sentences, and paragraphs, helping to make a text coherent.

Visual Aids

Objects, images, or materials that are used to enhance the understanding or retention of information by providing a visual representation.

Design Clues

Visual or auditory indicators embedded in a product's design that guide users in how to use or interpret the product.

Adaptation Process

The method by which individuals or groups adjust to changes in their environment or circumstances.