Which of the Following Is Not a Reason Why Firms

question 67

Multiple Choice

Which of the following is not a reason why firms experience economies of scale?

• A)Technology can make it possible to increase production with a smaller increase in at least one input.
• B)Workers and managers can become more specialized, enabling them to be more productive.
• C)Larger firms may be able to purchase inputs at lower costs than smaller competitors.
• D)As output increases, the managers can begin to have difficulty coordinating the operations of their firms.

Understand the concept and calculation of raw materials price variance.

Understand how to classify variances as favorable or unfavorable.

Learn to apply variance analysis concepts to different time periods and scenarios.

Grasp the interconnectedness of different types of variances in manufacturing cost control.

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Definitions:

Sexual Harassment

Unsolicited or unwelcome sex- or gender-based conduct that has adverse employment consequences for the complainant.

Canadian Human Rights Tribunal

A quasi-judicial body in Canada that interprets and enforces the Canadian Human Rights Act, handling complaints of discrimination.

Complainant Co-operation

Involves the willingness and active participation of a complainant in the process of addressing and resolving a complaint, typically in legal, workplace, or customer service contexts.

Discriminatory

Pertains to unfair treatment or biased actions against individuals based on class, race, age, or other characteristics.