If a Firm Decreases Its Plant Size and Finds That

question 98

Multiple Choice

If a firm decreases its plant size and finds that its long-run average costs have decreased, then

• A)its labor is more productive in a smaller plant.
• B)its diseconomies of scale are less.
• C)the firm should reduce its plant size even more.
• D)the firm is now profitable.

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A written record of the discussions, decisions, and actions that took place during a meeting.

Old Business

Previously discussed topics or unfinished items of discussion in meetings that are brought up again for resolution.

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The official record of the discussions and decisions made during a meeting, prepared in a structured and standardized format.

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An international professional association that serves as the global voice and advocate for the internal audit profession, promoting standards and education.