Mergers May Provide Reductions in Average Production Cost as a Result

question 18

Multiple Choice

Mergers may provide reductions in average production cost as a result of:

• A) increased market price.
• B) increased financing.
• C) economies of scale.
• D) diversification.

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Definitions:

Data

Raw facts and figures that require processing to generate meaningful information or insights.

Median

The value that divides a set of numerical data into two equal halves, with half of the data points being above it and half below.

Mean

The average of a set of numbers, found by dividing the sum of all the values by the number of values.

Central Tendency

A numerical metric that pinpoints a sole figure to typify a whole data distribution, often utilizing the mean, median, or mode.