Which of the Following Statements Is False

question 12

Multiple Choice

Which of the following statements is false?

• A)Acquisition costs decline at a diminishing rate as the order size increases,irrespective of whether the order size is greater than the economic order quantity.
• B)Carrying costs increase as the order size increases.
• C)Total costs decline at a diminishing rate as the order size approaches the economic order quantity,beyond which they start to rise.
• D)None of the given options.

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Definitions:

Fossil Record

The collection of physical remains of organisms from the past, preserved in Earth's crust, which provides evidence of the history of life.

Microorganisms

Tiny living organisms, such as bacteria, viruses, and fungi, that can be seen only with a microscope.

Cambrian Explosion

The Cambrian Explosion was a significant event in the Earth's history approximately 541 million years ago, during which most major animal phyla appeared in the fossil record over a relatively short period.

Ocean Chemistry

The study of the chemical composition and properties of seawater, including the cycles and distribution of chemical elements and their compounds within the ocean.