________ refer(s) to reductions in the average cost of a unit of production as the total volume produced increases.
A. Smoothing
B. Buffering
C. Quantitative management
D. Economies of scale
E. Systematic management
Answer: D
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A. includes materials and labor but not overhead. B. is a ratio of the value of output to the value of all key inputs. C. focuses on an individual input. D. is the same thing as the production volume variance.
In marketing research, interval scales are used both to measure attitudes and opinions, and as index numbers
Indicate whether the statement is true or false
Which sentence expresses numbers correctly?
A) Although the temperature was 65 degrees Fahrenheit, we still needed a jacket. B) Although the temperature was sixty five degrees Fahrenheit, we still needed a jacket. C) Although the temperature was sixty-five degrees Fahrenheit, we still needed a jacket.
Good manners and a businesslike, professional demeanor are among the top skills recruiters seek in applicants
Indicate whether the statement is true or false