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Mass-Production Technology Is Based Primarily on the Use of Automated

question 47

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Mass-production technology is based primarily on the use of automated machines that are programmed to perform the same basic operations time and time again.


Definitions:

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Machine Time

The duration for which a machine is operated or available for use in the production of goods or services.

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A formal education and training program designed to provide knowledge and skills necessary for accounting careers.

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The total cost that consumers pay for a product in retail stores, including markups by retailers.

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