16-69 Which of the Following Best Describes X-Inefficiencies

question 68

Multiple Choice

16-69 Which of the following best describes X-inefficiencies?

• A)The average cost of production decreases as the level of output increases.
• B)The effects on costs related to managerial ability and other hard-to-quantify factors.
• C)Cost savings are realized from using many of the same inputs to produce multiple products.
• D)The average cost of production increases as the level of output increases.
• E)Cost increases are realized from using many of the same inputs to produce multiple products.