In General, Job-Shop Systems Have a Lower Unit Cost Than

question 59

True/False

In general, job-shop systems have a lower unit cost than continuous systems do because continuous systems use costly specialized equipment.

---

Definitions:

FTC

The Federal Trade Commission, a U.S. government agency that aims to protect consumers and promote competition.

Advertising Regulation

Refers to the laws and rules governing how products and services can be promoted to the public.

Truth in Lending Act

A federal law designed to protect consumers in their dealings with lenders and creditors by requiring clear disclosure of loan terms and costs.

Revolving Credit

A credit agreement that allows a borrower to withdraw, repay, and redraw loans repeatedly up to a certain credit limit.