Solved

When the Average Unit Cost of a Good or Service

Question 45

Multiple Choice

When the average unit cost of a good or service decreases as the capacity and/or volume of throughput increases, it is known as _____.


A) economies of scale
B) diseconomies of scale
C) cost cushioning
D) capacity cushion

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions