Which of the Following Is NOT One of the Constraints

question 190

Multiple Choice

Which of the following is NOT one of the constraints with which a purchasing agent must deal?

• A) Inventory levels and delivery dates
• B) Supplier reliability
• C) Integrating purchasing with production
• D) Getting the best possible discounts and terms
• E) The quality of what is being purchased

---

Definitions:

Decreasing Marginal Product

A principle where each additional unit of input results in a smaller increase in output, after a certain point, indicating declining efficiency.

Total Cost Curve

A graphical representation that illustrates how the total cost of producing a good changes in relation to the quantity produced, considering both fixed and variable costs.

Diseconomies of Scale

Diseconomies of scale occur when a firm or business grows so large that the costs per unit increase, leading to inefficiency and higher production costs.

Total Revenue

The entire sum of funds a business gains from selling products or offering services over a specified timeframe.