An Example of a Decreasing Cost Industry Is

question 68

Multiple Choice

An example of a decreasing cost industry is:

• A) tech inputs such as microchips.
• B) fast-food restaurants.
• C) agricultural products such as cucumbers.
• D) commodities such as gold.

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Definitions:

Subscription Service

A business strategy in which clients are charged a periodic fee at consistent intervals in exchange for the continuous use of a product or service.

Random Survey

A survey method where participants are selected entirely by chance, giving each individual an equal opportunity to be included.

Systematic Sampling

A method of sampling where elements are selected at regular intervals from an ordered population.

Theatre Management

The art and practice of overseeing the operations and programming of a theatre, including production, staffing, marketing, and financial management.