-Dustin's Copy Shop Can Use Four Alternative Plants

question 331

Multiple Choice

-Dustin's copy shop can use four alternative plants. The figure above shows the average total cost curves for Plant 1 (ATC₁) , Plant 2 (ATC₂) , Plant 3 (ATC₃) , and Plant 4 (ATC₄) . Dustin's minimum efficient scale is

• A) 2,650 copies per day.
• B) 6,000 copies per day.
• C) 4,000 copies per day.
• D) More information is needed to determine the minimum efficient scale.

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Definitions:

Unpleasant Consequence

An adverse or negative outcome that follows an undesired behavior, serving as a deterrent.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Law Of Effect

A principle of behaviorism stating that actions which produce satisfying outcomes are more likely to be repeated, while those that produce unpleasant outcomes are less likely to be repeated.

Behaviour Control

Management practices that regulate employee actions to align with organizational goals through policies, procedures, and monitoring.