Which of the Following Is a Disadvantage of Traditional Mass

question 9

Multiple Choice

Which of the following is a disadvantage of traditional mass production?

• A) Lack of transfer machines
• B) Low technical complexity
• C) A low level of customer responsiveness
• D) High costs

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Definitions:

Tax Treatment

The way in which a particular financial transaction or investment is taxed by government policy, affecting incentives and behaviors.

Financial Intermediaries

Financial institutions through which savers can indirectly provide funds to borrowers

Financial Institutions

Organizations that provide financial services, including banks, insurance companies, and investment firms.

Financial Markets

Financial institutions through which savers can directly provide funds to borrowers