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

question 64

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 choices.
• E)none of these choices

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Definitions:

Bilayer

Often refers to the lipid bilayer, a thin polar membrane made of two layers of lipid molecules, forming the basic structure of cell membranes.

Permeable Barrier

A structure or material that allows the passage of particles, such as liquids or gases, through itself while blocking others, based on size, shape, or other properties.

Plasma Membrane

A bi-layer of lipids and proteins surrounding a cell, regulating the passage of substances in and out of the cell.

Proteins

Large molecules composed of amino acids that perform a vast array of functions within living organisms, including structural support, enzyme catalysis, and immune response.