The size of your Social Security benefits are determined by your number of years of earnings, your average level of earnings, and an adjustment for inflation

Shasta Company is trying to decide whether to continue to manufacture a particular component or to buy the component from an outside supplier. Which of the following is irrelevant with respect to this decision?

A) the quality of the component purchased from the outside supplier B) the outside supplier's ability to deliver the component on a timely basis C) the alternative uses of the facilities currently being used to manufacture the component D) the unavoidable fixed manufacturing costs associated with the manufacture of the component

Other things being equal, when fixed costs are substantial and minimum efficient scale of production is high, the arguments for concentrating production at a few choice locations are strong

Indicate whether the statement is true or false.