The Arguments for Concentrating Production at a Few Choice Locations

question 78

True/False

The arguments for concentrating production at a few choice locations are strong when fixed costs are substantial,the minimum efficient scale of production is high,and flexible manufacturing technologies are not available.

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Definitions:

Reinforced

In behavioral psychology, refers to the strengthening of behavior through rewards or punishments.

Forensic Psychologist

A professional in psychology who applies their expertise within the legal and criminal justice system, often dealing with issues such as criminal behavior, legal decisions, and eyewitness testimony.

Biological Perspective

An approach in psychology focused on understanding human behavior through biological processes, including genetics, biochemistry, and anatomy.

Environmental Factors

Elements in the external surroundings that can influence the development, behavior, and survival of organisms.