Firms That Continue to Produce When Sales Are Temporarily Low

question 15

Multiple Choice

Firms that continue to produce when sales are temporarily low in an effort to avoid costly fluctuations in production are engaging in ________.

• A)second degree price discrimination
• B)stock out avoidance
• C)work in progress
• D)production smoothing

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Definitions:

Abdominal Cavities

The space within the abdomen that contains the major organs of digestion and excretion, surrounded by the abdominal walls, diaphragm, and pelvic floor.

Rheumatism

broadly refers to various painful medical conditions affecting joints, muscles, and connective tissues.

Voluntary

Actions or movements performed by an individual consciously and under control, such as walking or writing.

Skeletal Muscles

Muscles attached to bones that are responsible for voluntary movements of the body.