_____ Are Reductions in Cost Per Unit That Can Be

question 64

Multiple Choice

_____ are reductions in cost per unit that can be obtained by producing greater quantities of goods and services.

• A)Economies of scope
• B)Logistics
• C)Continuous process designs
• D)Economies of scale

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Definitions:

Deductible

An amount subtracted from an insurance claim payment.

Residual

The remaining amount left over from an equation or calculation, often referred to in terms of profits or leftovers in financial contexts.

Marginal

Refers to the additional or incremental change in an outcome resulting from a unit change in some activity, often used in economics to discuss marginal cost or benefit.

Recaptured Depreciation

The taxable difference between adjusted cost of disposal and UCC when UCC is smaller.