The Level of Output at Which Most Plant-Level Scale Economies

question 76

Multiple Choice

The level of output at which most plant-level scale economies are exhausted is known as

• A) mass customization.
• B) break-even point.
• C) minimum efficient scale.
• D) just-in-time.
• E) lean production.

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Definitions:

Longitudinal Studies

Research studies that follow subjects over a long period of time to observe changes or developments in specific variables.

Intelligence

A complex trait that encompasses the ability to learn, understand, reason, make decisions, and adapt to new situations.

Fluid Intelligence

Those types of basic intelligence that make learning of all sorts quick and thorough. Abilities such as short-term memory, abstract thought, and speed of thinking are all usually considered part of fluid intelligence.

Age

The amount of time someone has existed or something has been in existence, often used to denote maturity, life stages, or periods of history.