Economies of scale are present where the cost of producing each unit declines as the quantity of product produced increases. In this environment, large-scale firms have a cost advantage

Thus, economies of scale serve to _ the cost of entry into an industry.
a. increase
b. decrease

A

Business

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A project manager has to manage tasks and identify schedule problems during the ________ phase of project management

A) planning B) starting C) doing D) finalizing

Business

Explain three approaches to determining weights for the the stand-alone revenue-allocation. Which method do managers prefer?

What will be an ideal response?

Business