As a Table Manufacturing Company Produces More Tables,the Average Total

question 28

Multiple Choice

As a table manufacturing company produces more tables,the average total cost of each table produced increases.This could be because:​

• A)​Total fixed costs are decreasing as more tables are produced
• B)There are economies of scale
• C)There are diseconomies of scale
• D)​Total variable cost is decreasing as more tables are produced.

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Definitions:

Ethical Responsibility

A principle that obligates individuals and organizations to follow moral codes and conduct within their professional and personal actions.

Mezzo Levels

A term used in social work and related fields to refer to interventions and practices targeted at small-to-medium-sized groups, such as neighborhoods or communities.

Macro Levels

Macro levels refer to the large-scale structures and processes in society, including cultural norms, economic systems, and political organizations, affecting groups and entire societies.

Resiliency

Resiliency is the capacity to recover quickly from difficulties; it's the mental or emotional strength to cope with crisis and bounce back from adversity.