When Concentrating Production in a Few Locations,which of the Following

question 57

Multiple Choice

When concentrating production in a few locations,which of the following can allow a manufacturer to lower unit costs,boost quality,or master a new technology more quickly?

• A) Significant scale economies
• B) Learning-curve effects
• C) Superior resources
• D) Profit sanctuaries
• E) Supporting industries

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Definitions:

Social Milieu

The social environment consisting of culture, traditions, and social structures that influence an individual's behavior and perceptions.

Hawthorne Effect

The alteration of behavior by study subjects due to their awareness of being observed.

Overgeneralization

Overgeneralization involves making broad conclusions or generalizations from specific observations or limited evidence, often leading to inaccurate or misleading outcomes.

Football Teams

Organized groups of players who come together to compete in the sport of football (American football, soccer, or other football variants), each pursuing victory through strategy, skill, and teamwork.