Define the following: 1.The economy of dependability 2.The economy of proficiency 3.Range of human capacities 4.The economy of specialization 5.Economic Load distribution between machines 6.Locating permanent facilities 7.Economy of loading to normal capacity 8.The economy of loading above normal сарacity

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter22: Supply: The Costs Of Doing Business
Section: Chapter Questions
Problem 12E
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Define the following:
1.The economy of dependability
2.The economy of proficiency
3.Range of human capacities
4.The economy of specialization
5.Economic Load distribution between
machines
6.Locating permanent facilities
7.Economy of loading to normal capacity
8.The economy of loading above normal
сарacity
Transcribed Image Text:Define the following: 1.The economy of dependability 2.The economy of proficiency 3.Range of human capacities 4.The economy of specialization 5.Economic Load distribution between machines 6.Locating permanent facilities 7.Economy of loading to normal capacity 8.The economy of loading above normal сарacity
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