Increased Interdependence Makes Coordination More Difficult,it Also Increases the Potential

question 185

Short Answer

Increased interdependence makes coordination more difficult,it also increases the potential for ____________________.

---

Definitions:

Fixed Costs

Costs that do not vary with output.

Variable Costs

Costs that change as output levels change.

Marginal Costs

The additional cost incurred in the production of one more unit of a good or service.

Fixed Costs

Costs that do not change with the amount of goods or services produced, such as rent, salaries, or insurance.