Author Question: As table manufacturing company produces more tables, the average total cost of each table produced ... (Read 171 times)

krzymel · **on:** Jul 1, 2018

As table manufacturing company produces more tables, the average total cost of each table produced increases. This is because:
a. Total fixed costs are decreasing as more tables are produced
b. There is economies of scale
c. There is diseconomies of scale
d. Total variable cost is decreasing as more clubs are produced.

Question 2

Which of the following best represents management's objective(s) in utilizing demand analysis?
a. it provides insights necessary for the effective manipulation of demand
b. it helps to measure the efficiency of the use of company resources
c. it aids in the forecasting of sales and revenues
d. a and b
e. a and c