In Some Cases the _______________ Costs of Setting Up a Manufacturing

question 74

Multiple Choice

In some cases the _______________ costs of setting up a manufacturing plant are so high that a firm must serve the world market from a single location or from a very few locations.

• A) changeable
• B) reoccurring
• C) fixed
• D) variable
• E) destination

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Definitions:

Argument Making

The process of constructing reasons, supported by evidence, to persuade others or to explain why a particular conclusion is valid.

Application Condition

Specific circumstances or requirements that must be met for a principle, law, or procedure to be applied.

Acceptance Condition

The circumstances or criteria that must be met for a proposal, hypothesis, or solution to be considered satisfactory or acceptable.

Premises

Statements or propositions from which conclusions are drawn or reasoned.