Disadvantages of Batch Production Include All of the Following Except

question 31

Multiple Choice

Disadvantages of batch production include all of the following except

• A)high per-unit costs.
• B)frequent changes in product mix.
• C)flexibility.
• D)scheduling problems.

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Definitions:

M3

Represents an even broader definition of the money supply, including M2 plus larger time deposits, institutional money market funds, and larger liquid assets.

M2

An expansive categorization of money that encompasses cash, checking deposits, and forms of near money that can be easily converted into cash or used for payments.

M1

M1 encompasses the most liquid forms of money supply, including cash and assets that can quickly be converted to cash.

M2

M2 is a broader classification of money supply that accounts for currency in circulation and various other types of accounts that are less liquid than those in M1.