When the Average Unit Cost of a Good or Service

question 4

Multiple Choice

When the average unit cost of a good or service decreases as the capacity and/or volume of throughput increases, it is called ____

• A)Economies of scale
• B)Diseconomies of scale
• C)Cost cushioning
• D)A nonphysical constraint

---

Definitions:

Cancer

A disease characterized by the uncontrolled growth and spread of abnormal cells in the body.

Impromptu Speaking

The ability to speak publicly without prior preparation, often characterized by spontaneous and off-the-cuff remarks that are formulated in the moment.

Business Speakers

Professionals who deliver speeches or presentations on business-related topics to inform, persuade, or motivate an audience.

Oral Reports

A verbal presentation of information or findings typically delivered in a formal or structured setting.