For ABC, Inc

question 235

Multiple Choice

For ABC, Inc., 250,000 units of output per year represent minimum efficient scale. If ABC, Inc. decides to produce 200,000 units this year, it will be operating in the region of

• A)decreasing returns to scale.
• B)economies of scale.
• C)diseconomies of scale.
• D)constant returns to scale.

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Definitions:

Research Evidence

Information or data that supports a theory, hypothesis, or claim, often gathered through scientific methods.

Task Leadership

Leadership focused on accomplishing specific objectives by directing and organizing work activities.

Supportive Leadership

A leadership style characterized by attention to employees' needs, showing empathy, and providing encouragement and support.

Job Methods

Systematic procedures or approaches used in the performance of tasks or duties in the workplace.