Taylor Helmets Has Been Able to Lower the Average Cost

question 118

Multiple Choice

Taylor Helmets has been able to lower the average cost of producing a bicycle helmet as it increases the number of helmets it manufactures each day. Taylor Helmets is most likely benefitting from ________.

• A) opportunity costs
• B) economies of scope
• C) economies of scale
• D) competitive advantages

---

Definitions:

Evidence-Based Practice

A decision-making process that integrates the best available research evidence with clinical expertise and patient values and preferences.

Clinical Pathways

Standardized care plans that outline the optimal sequencing and timing of interventions by healthcare professionals for a specific diagnosis or procedure.

Published Literature

Written works that have been formally printed or digitally released for public consumption, often after peer review or editorial vetting.

Serious Persistent Mental Illness

Refers to a group of severe, chronic mental health conditions that substantially interfere with daily living activities, requiring long-term treatment and support.