If a product exhibits increasing returns to scale, then the average cost of making the product will ______ as its production decreases?
a. increase.
b. decrease.
c. remain the same.
d. there is insufficient information provided to answer the question.
Question 2
The McCallum management principles advocate the use of
a. time-motion study to determine the most productive way to perform job-tasks.
b. employee stock-purchase programs.
c. internal accounting systems and performance evaluations.
d. leveraged buy-outs to increase the firm's control of an industry.
Killer Whale - Size comparison to an average human.
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