Every capacity alternative, whether it is a large, medium, or small plant or equipment, has an optimum production or operating volume level. Producing beyond the optimum level causes ______.
a. diseconomies of scale
b. economies of scale
c. economies of scope
d. diseconomies of scope
b. economies of scale
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The time value of money concept recognizes that a dollar today is worth more than a dollar tomorrow. Which of the following is not a factor in causing the present value of cash inflows to diminish over time?
A. Earning potential, such as interest. B. Risk of uncollectibility. C. Inflation reduces future purchasing power. D. Current expenses.
What are the five customer service characteristics that affect customer's opinions of service quality and what constitutes customer satisfaction?
What will be an ideal response?
When common stock with a par value is sold for a price that exceeds par value, the Common Stock account is credited only for the par value of the shares sold
Indicate whether the statement is true or false
_______ involves measuring a person's physical characteristics, such as finger or palm prints, facial features, or parts of a person's eye.
Fill in the blank(s) with the appropriate word(s).