The Ability to Spread Fixed Costs Over a Large Volume

question 115

Multiple Choice

The ability to spread fixed costs over a large volume results in a cost-savings phenomenon referred to as:

• A)volume synergies.
• B)economies of scale.
• C)captured savings.
• D)size effects.

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Definitions:

Behaviors

The actions or reactions of an individual or group in response to external or internal stimuli.

Work/Life Balance

The equilibrium between professional responsibilities and personal life activities and well-being.

Reluctant

Characterizes a feeling of unwillingness or hesitation to do something.

Job Sharing

An employment arrangement where two or more people share the responsibilities and duties of one full-time job.