Which of the Following Is a Factor Affecting the Development

question 5

Multiple Choice

Which of the following is a factor affecting the development of occupational safety standards in de-veloping countries?

• A) Pressure to reduce jobs.
• B) Limited funds for enforcing safety laws.
• C) The use of new equipment.
• D) All the above.

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Definitions:

Economies Of Scope

Cost advantages that enterprises obtain due to the efficient production of a wider variety of goods or services together rather than separately.

Long-Run Marginal Cost

The cost of producing one more unit of a product when all production factors are variable.

Pricing

The process of determining the value that will be charged for goods or services.

Production Lines

The arrangement or sequence of machinery and equipment in a factory where a product is assembled progressively through various stages of production.