One Advantage of Level Production Is That

question 64

Multiple Choice

One advantage of level production is that

• A) manpower and equipment are used efficiently at lower cost.
• B) current assets fluctuate more than with seasonal production.
• C) seasonal bulges and sharp declines in current assets occur.
• D) None of the options are advantageous.

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Definitions:

Earned-Income Activities

Activities performed by non-profit organizations or businesses that generate revenue through the sale of goods and services rather than through donations.

Social Entrepreneurs

Individuals who establish enterprises with the goal of solving social problems or effecting social change, using business principles for public good.

Economic Value

The worth of a good or service determined by the benefit it provides weighed against its cost.

Social Value

The importance or benefit that something provides to society or a specific community group, often beyond economic value.