Economies of scale were traditionally associated with:
A) Marketing
B) Manufacturing
C) Production
D) Any function where human activity is present
Correct Answer:
Verified
Q28: Cost drivers:
A)Vary within and across industries
B)Do not
Q29: The experience curve can be defined as:
A)A
Q30: The experience curve and / or economies
Q31: Economies of scale can be defined as:
A)Manufacturing
Q32: A minimum efficient plant size is:
A)The minimal
Q34: The "specialization effect" means that:
A)People work faster
Q35: One of the purposes of studying cost
Q36: Three main sources generate economies of scale:
A)Specialization,
Q37: The factors which determine costs in an
Q38: Throughout the 20th century it was assumed
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