All of the Following Are Examples of Cost Forces Except

question 101

Multiple Choice

All of the following are examples of cost forces except:

• A)advances in transportation.
• B)low labor costs in newly industrializing countries.
• C)global economics of scale and scope.
• D)flexible manufacturing.
• E)transferable marketing.

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Definitions:

Standard Deduction

A fixed amount that reduces the income on which you are taxed, which the IRS allows taxpayers to subtract from their gross income to reduce taxable income.

Joint Return

A tax return filed jointly by a married couple, combining their incomes, deductions, and credits.

Taxable Income

The amount of an individual's or entity's income used to determine how much tax is owed to the government.

Standard Deduction

A portion of income that is not subject to tax and can be used to reduce a taxpayer's taxable income.