When the Survivorship Method of Cost Estimating Is Used,an Increase,over

question 9

Multiple Choice

When the survivorship method of cost estimating is used,an increase,over time,in the proportion of industry product produced by medium size firms indicates the existence of

• A)continuing economies of scale.
• B)continuing diseconomies of scale.
• C)a U-shaped long-run average cost curve.
• D)large technological changes.

---

Definitions:

Cooperator

An individual who works jointly with others towards a common goal, often contributing positively to group dynamics and outcomes.

Personal Conflict

A disagreement or discord arising between individuals due to differences in opinions, values, or interests.

Project

A planned set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations.

Qualities

The characteristics, traits, or features that define a person, object, or concept, distinguishing them from others.