Quizzol

QUESTION:

Multiple Choice Question

What is the relationship between fixed costs and economies of scale?

Multiple choice question.

Larger output illustrates the benefits of a differentiation strategy.

The amount of fixed costs allocated to each unit of output decreases as output increases.

Larger output results in lower labor costs.

Larger outputs result in a maximum efficient scale.

ANSWER:

What is the relationship between fixed costs and economies of scale?

Multiple choice question.

Larger output illustrates the benefits of a differentiation strategy.

The amount of fixed costs allocated to each unit of output decreases as output increases.

Larger output results in lower labor costs.

Larger outputs result in a maximum efficient scale.

The amount of fixed costs allocated to each unit of output decreases as output increases.

Posted by Cleveland on November 7, 2024