When the average unit cost of a good or service decreases as the capacity and/or volume of throughput increases, it is called ____.
a. Economies of scale
b. Diseconomies of scale
c. Cost cushioning
d. A nonphysical constraint
Answer: A
When the average unit cost of a good or service decreases as the capacity and/or volume of throughput increases, it is called ____.
a. Economies of scale
b. Diseconomies of scale
c. Cost cushioning
d. A nonphysical constraint
Answer: A
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.