Which of the following economic benefits result from the use of standards?
A)Compatibility
B)Reduction in confusion
C)Reduction in production costs
D)Reduction of risk in supplying complementary products
E)All of these choices

Question

Quizplus · Accepted Answer

Standards provide economic benefits in terms of compatibility among products, reduction in confusion among consumers, reduction in production costs for manufacturers, and reduction of risk in supplying complementary products. Therefore, all the choices (A, B, C, and D) are correct.

Which of the Following Economic Benefits Result from the Use