Cost Advantages Associated with Large Size Operations Are Called Economies

question 30

True/False

Cost advantages associated with large size operations are called economies of scale.

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Definitions:

Get & Transform

A feature in spreadsheet software that allows data from various sources to be collected, transformed, and integrated for analysis.

Calculated Field

In databases, a field that gets its value by performing a calculation on values in other fields.

PivotTable

A data summarization tool found in data visualization programs like Excel, which allows users to reorganize and summarize selected columns and rows of data.

Data Field

A basic unit of data storage that holds a single piece of information within a record or table in a database or software application.