_____ refer(s) to reductions in the average cost of a unit of production as the total volume produces increases.
A) Sociotechnical systems
B) Bureaucracy
C) Systematic management
D) Economies of scale
E) Quantitative management

Question

Quizplus · Accepted Answer

The emergence of economies of scale-reductions in the average cost of a unit of production as the total volume produced increases-drove managers to strive for further growth.

_____ Refer(s) to Reductions in the Average Cost of a Unit