(1)The Level of Its Fixed Costs,(2)its Minimum Efficient Scale,and (3)_______________

question 10

Multiple Choice

(1) The level of its fixed costs,(2) its minimum efficient scale,and (3) _______________ are three characteristics of a manufacturing technology that are particularly interesting to international firms when making manufacturing location decisions.

• A) its flexibility
• B) its variable costs
• C) the technological sophistication of the manufacturing process
• D) the cost of moving manufacturing executives overseas
• E) its factors of production

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Definitions:

Real Property

Land and anything permanently attached to it, including buildings and structures, classified legally as immovable.

Principle

A fundamental truth or proposition that serves as the foundation for a system of belief or behavior.

Interest

The charge for the privilege of borrowing money, typically expressed as an annual percentage of the principal.

Charitable Trust

A trust established for a purpose considered beneficial to the public rather than private benefits, which might include relief of poverty, advancement of education, or other purposes deemed charitable in law.