Managers Should Not Become Complacent About Efficiency-Based Cost Advantages Because

question 26

Multiple Choice

Managers should not become complacent about efficiency-based cost advantages because

• A) neither learning effects nor economics of scale go on forever.
• B) the experience curve is likely to bottom out at some point.
• C) cost advantages gained from experience effects can be made obsolete by the development of new technologies.
• D) all of these.
• E) none of these.

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