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    M Management Study Set 1
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    Exam 2: The Evolution of Management
  5. Question
    ________ Refer(s) to Reductions in the Average Cost of a Unit
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________ Refer(s) to Reductions in the Average Cost of a Unit

Question 79

Question 79

Multiple Choice

________ refer(s) to reductions in the average cost of a unit of production as the total volume produced increases.


A) Smoothing
B) Buffering
C) Systematic management
D) Economies of scale
E) Quantitative management

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