Identify an Advantage of a Low Minimum Efficient Scale

question 72

Multiple Choice

Identify an advantage of a low minimum efficient scale.

• A)Allows the firm to accommodate demands for local responsiveness
• B)Discounts currency risk by manufacturing all products in one location
• C)Helps keep overheads low at the expense of fixed costs
• D)Helps a firm to standardize its products for all markets

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Definitions:

1-Bromopropane

An organobromine compound with the formula CH3CH2CH2Br, used as a solvent and an intermediate in organic synthesis.

Propan-1-Amine

An organic compound with the formula C3H9N, consisting of a propyl group attached to an amine functional group.

Nitrosonium Ion

A positively charged ion with the formula NO+, known for its role in organic nitrogen compound synthesis.

Secondary Amines

Organic compounds where a nitrogen atom is bonded to two carbon atoms, often represented as NHR2, where R denotes organic substituents.