Which of the following is cost savings usually attributed to superior management skills and other difficult-to-measure managerial factors?
A) Economies of scale
B) Economies of scope
C) Economies of synergy
D) X-efficiencies

Question

Quizplus · Accepted Answer

X-efficiencies refer to cost savings that result from effective management and operational efficiencies within a firm, beyond what traditional production or cost functions might predict. These savings are not easily quantifiable as they stem from internal managerial practices and efficiencies.

Which of the Following Is Cost Savings Usually Attributed to Superior