____ Refers to Unit Cost Increases Associated with a Large

question 24

Multiple Choice

____ refers to unit cost increases associated with a large scale of output.

• A) Economies of scale
• B) Learning effects
• C) Diseconomies of scale
• D) Flexible manufacturing
• E) Mass customization

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Definitions:

Communication

The transfer of information, ideas, emotions, or instructions between individuals or groups using verbal, non-verbal, or written mediums.

Physical Space

The tangible, real-world environment and area around individuals, which can affect behavior and interactions.

People

Human beings, either individually or collectively, considered within a social or cultural context.

Peace Sign

A symbol or gesture often used to represent peace, anti-war sentiments, or unity, consisting of a circle with three lines radiating downwards.