Multiple Choice Question With increasing the output rate results in decreasing the average unit cost, if the output rate is less than the optimal rate. Multiple choice question. customization economies of scale diseconomies of scale mass production

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Multiple Choice Question
With
increasing the output rate results in
decreasing the average unit cost, if the output rate is
less than the optimal rate.
Multiple choice question.
customization
economies of scale
diseconomies of scale
mass production
Transcribed Image Text:Multiple Choice Question With increasing the output rate results in decreasing the average unit cost, if the output rate is less than the optimal rate. Multiple choice question. customization economies of scale diseconomies of scale mass production
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