Economies That Arise from Performing a Value Creation Activity in the Optimal

question 76

Multiple Choice

Economies that arise from performing a value creation activity in the optimal place for that activity are referred to as

• A) factor economies.
• B) production economies.
• C) location economies.
• D) value creation economies.

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Definitions:

Nutrition

The intake of food and use of nutrients by the body for growth, repair, and maintenance of health.

Emotional Safety

The state of feeling safe and secure in expressing emotions and feelings without fear of judgment or harm.

Emphysema

A long-term, progressive disease of the lungs characterized by shortness of breath and destruction of alveoli, usually due to smoking.

Chronic Illness

A chronic illness is a long-term health condition that may not have a cure, affecting a person's lifestyle, independence, and quality of life.