Which of the following refers to unit cost increases associated with a large scale of output?
A) Economies of scale
B) Learning effects
C) Diseconomies of scale
D) Flexible manufacturing
E) Mass customization

Question

Quizplus · Accepted Answer

Diseconomies of scale refer to the unit cost increases associated with large scale of output, which is the opposite of Economies of scale. Learning effects refer to the reduction in unit costs as workers become more experienced with a particular task, while Flexible manufacturing and Mass customization refer to production processes that allow for greater flexibility and customization of products, respectively.

Which of the Following Refers to Unit Cost Increases Associated