which of the descriptions are characteristics of oligopoly and which are not? a. significant barriers to entry characteristic of oligopoly not a characteristic of oligopoly b. large number of firms producing differentiated products c. free entry and exit d. large number of buyers and sellers e. firms must consider competitors' reactions when making decisions

Answers

Answer 1

Descriptions (a) and (e) are characteristics of oligopoly that is: Significant barriers to entry, firms must consider competitors' reactions when making decisions

Descriptions (b), (c), and (d) are not characteristics of oligopoly that is :large number of firms producing differentiated products, free entry and exit, large number of buyers and sellers.

Characteristic of oligopoly-

Oligopolies typically have high barriers to entry, which prevent new firms from entering the market easily.
Firms must consider competitors' reactions when making decisions: Since there are only a few dominant firms in an oligopoly, each firm's decisions can significantly impact the market, making it necessary for them to consider competitors' reactions when making decisions.

Not a characteristic of oligopoly-

Large number of firms producing differentiated products: Oligopolies usually consist of a small number of firms, while a large number of firms producing differentiated products is more characteristic of monopolistic competition.
Free entry and exit: As mentioned earlier, oligopolies have significant barriers to entry, so free entry and exit is not a characteristic of this market structure.
Large number of buyers and sellers: Oligopolies have a small number of dominant firms, whereas a large number of buyers and sellers is more typical of a competitive market or perfect competition.

descriptions (a) and (e) are characteristics of oligopoly, while (b), (c), and (d) are not.

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Related Questions

caught cheating, every team member will suffer from the same penalty and disciplinary consequence. Q1. ABC Airlines' first-class cabins have 10 seats in each plane. ABC's overbooking policy is to sell up to 11 first class tickets since cancellations and no-shows are always possible (and indeed are quite likely). For a given flight on ABC Airlines, there were 11 first class tickets sold. Suppose that each of the 11 persons who purchased tickets has a 25% chance of not showing up for the flight, and that the events that different persons show up for the flight are independent. (Please assume that there is no refund if the customer does not show up for the flight) (a) What is the probability that at most 5 of the 11 persons who purchased first class tickets show up for the flight? (b) What is the probability that exactly 10 of the 11 persons who purchased first class tickets show up for the flight? (c) Suppose that the cost of each first-class ticket is $12,000. (Let's assume that this $12,000 contributes entirely to profit since the variable cost associated with a passenger on a flight is close to zero.) Suppose further that any overbooked seat costs the airline $30,000, which is the cost of the free ticket issued to the passenger plus some potential cost in damaged customer relations. (First class passengers do not expect to be bumped!) What is the expected profit from first class passengers for this flight? (d) Suppose that only 10 first class tickets were sold. What would be the expected profit from first class passengers for this flight? (e) In general, the higher the probability of not showing up, the more tickets airlines consider selling to increase the profit from overbooking. Süpose that now, ABC Airlines is considering selling up to 12 first class tickets. What is the minimum probability of not showing up that may drive ABC Airlines to make this decision?

Answers

To find the probability that at most 5 of the 11 persons who purchased first-class tickets show up for the flight, we use the Binomial Probability Formula. Here, the probability of each individual showing up is 0.75 because there is a 25% chance of a no-show, and we assume the events are independent.

The expected profit from first-class passengers is:11 tickets sold × $12,000 per ticket – $22,500 = $119,500(e) We need to find the minimum probability of a no-show that would make ABC Airlines decide to sell 12 first-class tickets. The maximum number of passengers that could show up is 12.

If all 12 passengers show up, the expected cost of any overbooked seats is $30,000.P(12 passengers show up) × $30,000 ≤ 12 tickets sold × $12,000 per ticket P(12 passengers show up) ≤ $120,000/$30,000 = 4. Therefore, the minimum probability of a no-show is 0.67 (rounded to two decimal places).

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Trade discount is given to encourage buyers make purchases in ____ quantities.

Answers

Answer:

Bulk

Explanation:

Trade discount is the reduction in the retail price of products that arises from bulk sales or purchases.

_____ enables employees who lose their jobs or have their hours reduced to a level at which they are no longer eligible to receive medical, dental or optical benefits have the right to pay to continue receiving benefits for themselves and their dependents under the employer's policy.

Answers

Answer:

employment and labor law

On his marvel company team, sam wilson is "the motivator. " he’s always encouraging his teammates to work harder and try to perform better. Which of belbin’s team roles is sam enacting?.

Answers

Sam Wilson's Marvel Corporation team refers to him as "the motivator" since he consistently encourages his coworkers to put in more effort. Belbin team members play "shapers" duties. Sam is enacting.

What is Belbin's theory of team roles?The three action-oriented roles are shaper, implementer, and finisher; the three people-oriented roles are coordinator, teamworker, and resource investigator; and the three cerebral roles are plant, monitor, and evaluator. According to Belbin's theory, a team role is "a tendency to behave, contribute, and interrelate with others in a particular way."As our experience, functional position, and working environment evolve over time, so can our team roles.Although a total switch of duties is unusual, you can notice that team roles change your profile up or down.

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What is demand comprised of

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demand consists of all consumer goods, capital goods, exports, imports, and government spending programs. Hope this helped :)

What can a boosted post help an advertiser achieve?

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A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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Serena has been waiting for Hamilton to come to her local theater. When it finally does come, tickets cost $60. Serena's reservation price is $75. But when Serena tries to buy a ticket, they are sold out. Serena decides to try to buy a ticket from a scalper (a person who purchased extra tickets at the box office with the intent to resell them at a higher price). If Serena finds someone who is willing to sell her a ticket for $70, she should

Answers

Serena should buy the ticket for $70.

Explanation:

Serena's reservation price is the maximum amount she is willing to pay for a ticket to see Hamilton, which is $75. However, when she tries to buy a ticket at the box office, they are sold out, which means that the only option left for her is to buy a ticket from a scalper. The scalper is offering to sell her a ticket for $70, which is less than her reservation price of $75. Therefore, buying the ticket for $70 is still worth it for Serena since it is less than her maximum willingness to pay.

If the required reserve ratio is 12%, then what is the simple money multiplier, assuming banks maintain no excess reserves and all currency is deposited in banks?
4.76
1.27
8.33
12
1.14

Answers

The simple money multiplier can be calculated using the formula 1/required reserve ratio. Therefore, if the required reserve ratio is 12%, then the simple money multiplier is 1/0.12, which equals 8.33.

The simple money multiplier is a measure of the potential increase in the money supply that can result from an initial increase in reserves held by banks. In this case, assuming banks maintain no excess reserves and all currency is deposited in banks, the simple money multiplier suggests that the money supply could increase by a factor of 8.33 as a result of an increase in reserves. This illustrates the importance of reserve requirements in regulating the money supply and controlling inflation.

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Managers wants to develop an organizational culture that aligns with the firm’s mission and profit margin.
True or false

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According to the research, the correct answer is True. The statement "Managers want to develop an organizational culture that aligns with the firm's mission and profit margin" is true.

What are Managers?

It is the person whose job is to coordinate or direct a company or a sector of it, guides the effective management of people and organizational effectiveness.

In this sense, he is dedicated to the coordination and supervision of the actions carried out by other people, ensuring that the work carried out by the personnel under his charge is in tune with the objectives of the company and its organizational culture.

Therefore, we can conclude that according to the research, a manager plans and directs the plans and procedures in the organizational culture.

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All of the following are ways to avoid injuries when working on computers except ________. So you are looking up at it ensuring proper lighting taking breaks purchasing an adjustable chair

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Option a: All of the following are ways to avoid injuries when working on computers EXCEPT placing a monitor 12" from the eye.

When we talk about computer-related injuries, we mean any type of aches, pains, aches, pains, or syndromes resulting from computer use. In addition to repeated injuries, this includes conditions caused by poor workplace design, improper posture, and uncomfortable furniture.

To make matters worse, computer-related injury statistics show that the problem is becoming more common. Musculoskeletal disorders alone affect 1.8 million workers and incapacitate 600,000.

Computer-related injuries at work come in many forms. They can take the form of muscle spasms, strains, sprains, headaches, and joint pain.

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Complete question:

All of the following are ways to avoid injuries while working on computers except ______.

(a) placing a monitor atleast 12 inches from the eyes

(b) purchasing an adjustable chair

(d) taking breaks

So I want to say that I want to be a police or an FBI but also want to be a business woman what do I do or what do I need to know?

Answers

if u are good at communicating and u are good at making decisions be a businesswomen. if ur good in history and u do a sport and can be alert be a police officer. follow ur gut don’t feel pressured and than regret taking it. remember people still don’t know their major in college so don’t rush.

a company charting its profits notices that the relationship between the number of units sold, x, and the profit, p, is linear. if 190 units sold results in $1140 profit and 240 units sold results in $3940 profit, write the profit function for this company.

Answers

Profit function: p(x) = 20x + 150, where x represents the number of units sold and p(x) represents the corresponding profit.

To find the profit function, we need to determine the relationship between the number of units sold (x) and the profit (p). Given that the relationship is linear, we can express it in the form of a linear equation: p(x) = mx + b, where m is the slope (representing the rate of change of profit with respect to units sold) and b is the y-intercept (representing the fixed profit when no units are sold). Using the given data, we can calculate the slope (m) as the change in profit divided by the change in units sold: m = (3940 - 1140) / (240 - 190) = 2800 / 50 = 56. Next, we substitute one set of values (x, p) from the given data into the equation to solve for the y-intercept (b). Let's use (190, 1140): 1140 = 56(190) + b 1140 = 10640 + b b = 1140 - 10640 b = -9500.

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suppose french government imposes a quota on international trade of cars. it means it will:group of answer choicesprohibit import of cars altogether;prohibit export of cars altogetherrestrict the quantity of cars france may export;restrict the quantity of cars france may import;

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The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.

A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.

It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.

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So if the answer is $5,505,210.50, you would input 5,505,210. what is forecast revenue in 2017?

Answers

The anticipated income for 2017 is $13,642,021.

How come we predict revenue?

In order to plan how rapidly or how much to scale your business, it is crucial for all businesses to forecast their revenue. It's one of the most challenging things to estimate, though. Revenue prediction models support us in: Analyze the revenue and cost implications of the company's future growth.

According to the information:

1. Financial Model (depicting the Sales Units and Sales Revenue)

2014 2015 2016 2017 2018

Sales units 200,000 210,000 237,300 272,895 297,456

Sales Revenue 9,998,000 10,497,900 11,862,627 13,642,021 14,869,825

2. The anticipated income for 2017 is $13,642,021.

Data and Calculations:

2014 2015 2016 2017 2018

Growth Rate of Units Sold: 5% 13% 15% 9%

Sales units 200,000 210,000 237,300 272,895 297,456

Sales Price per unit = $49.99

Sales Revenue 9,998,000 10,497,900 11,862,627 13,642,021 14,869,825

We know that :

The sales revenue = Sales Units x Sales Price per unit.

The anticipated income for 2017 is $13,642,021.

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I understand that the question you are looking for is:

Instructions: Questions 1-4 use the financial model on tab Q1-4 in the Exam Workbook. Complete the model by filling in the blank cells before answering the question below. Answers should be rounded to the nearest whole number, comma separating 000s, NOT written in currency format. So if the answer is $5,505,210.50, you would input 5,505,210. What is forecast Revenue in 2017?

How do you think the Human Resources department affects the other departments?

Answers

Human resource departments have an impact on organizations because they manage employee recruitment, which determines which employees are hired. The typical tasks in the recruitment process include reviewing resumes, attending job fairs, and conducting multiple interviews.

How is the role of Human Resources department?

In its most basic form, the HR (Human Resources) department is a group in charge of managing the employee life cycle (i.e., recruiting, hiring, onboarding, training, and firing employees) as well as administering employee benefits.

Human Resources is in charge of five major responsibilities: talent management, compensation and employee benefits, training and development, compliance, and workplace safety. By effectively managing the employee lifecycle, an HR department can help provide organizational structure and the ability to meet business needs.

Answers

As regards people not purchasing online because of privacy concerns, this statement is True.

Why are people skeptical of online sales?

There is a general belief amongst many that purchasing goods online can violate one's privacy and security as regards using credit and debit card information to pay for goods.

As a result, people are always skeptical of buying things online but this hasn't stopped a lot of people.

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A simple way to outline your vision and spot any mistakes before going further is ______. usability testing advertising interviewing paper testing

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If you want to spot any mistakes in a model before going further, you can engage in usability testing.

What is usability testing?

This refers to testing a program or model before releasing it in its final form to ensure that it can perform as intended.

This allows you, as the creator, to identify any errors or flaws and act to correct them. It also helps you to clearly define your program's vision based on how well it succeeds.

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i can do stonks

stonks for ya

stonks for them

stonks for they

Answers

Explanation:

I wanna see you in action!!

which of the following statements is true of a conglomerate investment? multiple choice it runs the risk of being taken over by the government because it is export-oriented. it is typically made with an eye toward satisfying the host country's market demands. it includes the production of raw materials or intermediate goods that are to be processed into final products. it is a type of high-risk investment in which goods or services produced are different from those produced at home.

Answers

A conglomerate investment is a type of high-risk investment in which goods or services produced are different from those produced at home.

It includes the production of raw materials or intermediate goods that are to be processed into final products. This type of investment is typically made with an eye toward satisfying the host country's market demands, as it allows for diversification and reduces dependence on a single market or product.

However, it also runs the risk of being taken over by the government, especially if it is export-oriented. Therefore, it is important for investors to carefully assess the political and economic risks of investing in a conglomerate, and to have a detailed understanding of the market dynamics and regulatory environment in the host country.

Overall, a conglomerate investment can offer significant rewards but also carries significant risks, and investors should conduct thorough due diligence before making any investment decisions.

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a stock is currently selling for $73 per share. you could purchase a call with a strike price of $68 for $7. you could purchase a put with a strike price of $68 for $2. calculate the intrinsic value of the call option.

Answers

The intrinsic value of the call option would be $5. Explanation: Intrinsic value of the call option refers to the amount by which an option is in the money.

If the underlying asset price is less than the strike price, then the intrinsic value would be zero. If the underlying asset price is greater than the strike price, then the intrinsic value would be positive. Intrinsic value can never be negative.

Let's calculate the intrinsic value of the call option: Strike price of the call option (K) = $68Current market price of the stock (S) = $73Intrinsic value of the call option (C) = S - K = $73 - $68 = $5

Therefore, the intrinsic value of the call option is $5.

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If you have a choice of questions to answer on an essay test, which questions should you answer first? a. The questions that you know a lot about so you can then focus on the more difficult ones c. The ones that are worth the fewest points because you can finish those quickly b. The questions which call for a 5 paragraph essay because those are easiest to outline d. Any of these Please select the best answer from the choices provided A B C D

Answers

A I would be able to get more time

The questions that you know a lot about in an essay so you can then focus on the more difficult ones. Thus, A is the correct option.

What is an essay?

An essay is a written piece of work that presents a writer's argument, viewpoint, or analysis of a particular topic. It is usually written in a formal or academic style and is intended to persuade or inform the reader.

Narrative essays: These essays tell a story or describe a personal experience.

Descriptive essays: These essays provide vivid details and sensory information about a particular object, place, or event.

Expository essays: These essays explain or describe a topic, providing relevant facts and examples to support the writer's point of view.

Persuasive essays: These essays present an argument or viewpoint and aim to persuade the reader to accept the writer's position.

Argumentative essays: These essays present a well-reasoned argument or analysis of a topic, presenting evidence and counterarguments to support the writer's position.

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for a code of ethics to encourage ethical decision making and behavior in a company, _____.
a. it must be communicated only inside the company
b. it should revolve around legal factors and not organizational goals and mission
c. the management must ensure that the code does not include customers' and shareholders' interests
d. the management must develop practical ethical standards and procedures specific to the company's line of business

Answers

For a code of ethics to encourage ethical decision making and behavior in a company, the management must develop practical ethical standards and procedures specific to the company's line of business.

Give a brief account on ethical decision making.

Making moral choices encourages fairness, responsibility, and consideration for others. Recognizing these circumstances, the ethical decision-making process calls for weighing all available possibilities, weeding out unethical viewpoints, and selecting the most ethically sound alternative. Effective and ethical choices are made. Making wise choices fosters mutual respect and trust in the workplace and is generally congruent with good citizenship. When decisions accomplish their intended goal, they are effective. A decision that has unanticipated consequences is unwise and unsuccessful. The secret to making wise judgments is to consider all of the options available to you in order to accomplish your goals. Because of this, it's crucial to recognize the distinction between short-term and medium- to long-term goals. A strategy for analyzing all the factors involved in a decision is necessary when making ethical decisions, as is a certain level of sensitivity to ethical issues.

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To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.

Answers

To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.

In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.

The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.

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Grainger Distribution Company sold Long Electronics ten circuit breakers for $179.00 each. Long Electronics will be allowed thirty days to pay the bill. Grainger will carry the $1790.00 on its books as a(n):

Answers

In its accounting statement, Grainger will carry the $1,790.00 on its books as an accounts receivable.

What is an accounts receivable?

This refers to the payment that the company will receive from its customers who have purchased its product.on credit.

Therefore, the amount of $1,790.00 on its books will be recorded as an accounts receivable.

Answers

Answer:

Aggregate demand

Explanation:

I hope this helps.

Given the following 2 mutually exclusive projects, evaluate under what circumstances you would select either project.

Answers

The projects have the same NPV.

What is NPV?

The net present value, also known as net present worth, is applied to a series of cash flows that occur at different times. The present value of a cash flow is determined by the time elapsed between now and the cash flow. It is also affected by the discount rate. The time value of money is accounted for by NPV.

The term net present value (NPV) refers to the current total value of a future stream of payments. If the net present value (NPV) of a project or investment is positive, it means that the discounted present value of all future cash flows related to that project or investment will be positive, and thus appealing.

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PART A: Locate the following landmarks on a coordinate plane. (If you are creating your own, Use graph poper, and draw the origin in the middle. The grid should extend 20 units in all. directions.) Each unit on your paper will represent 0.1 of a mile. As you add features to your city throughout the gctivity, be sure to mark and label each one on your grid. Some fondmarks are estoblished in your city and would be very difficult to relocate. Locate and place these landmarks on your grid with a dot and label: Courthouse (−2,11) Electric Company (−7,−4) School (0,7) Historic Mansion (−14,4) A river runs through your city following the equation y=2x−5, The main highway runs through your city following the equation 4x+3y=12 The only other paved rood (It Street) currently runs from the courthouse to the electric company.
Note: During this activity. you may draw roads sunning through landmarks. Because your map has a smal scale: roods and fondmarks may appear to overlop when they are separated by several feet in distance in reality, Your city would like to attract tourists, so you will need a tourist center at the point where the moin highway and 1st Street intersect. Where will the tourist center be located?

Answers

The tourist center will be located at the point where the main highway and 1st Street intersect on the coordinate plane. The exact coordinates of this intersection can be determined by solving the system of equations formed by the equations of the main highway and 1st Street.

To find the intersection point, we substitute the equation of 1st Street (y = 2x - 5) into the equation of the main highway (4x + 3y = 12) and solve for x. Once we find the value of x, we can substitute it back into the equation of 1st Street to determine the corresponding y-coordinate.

After calculating the values, we find that the tourist center will be located at approximately (-1.4, -3.8) on the coordinate plane.

This means that the tourist center should be placed at the point (-1.4, -3.8) on the grid, which represents the intersection of the main highway and 1st Street in the city. This location would provide convenient access for tourists coming from both the main highway and 1st Street.

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The best time to begin a self improvement plan is when ______. A. You are going to be fired from your job b. You have been reprimanded by your boss c. You have disappointed your friends d. You think you need to improve to meet a career goal Please select the best answer from the choices provided A B C D.

Answers

The best time to begin a self-improvement plan is when a person thinks he\she needs to enhance to complete a career goal.

What is self-improvement?

Self-improvement is defined as the improvement of ourselves in words of understanding, status, habits, character, or physical appearance.

It evolves to improving a person himself, in spite of any external improvements.

Self-improvement involves the improvement in oneself in terms of learning, quality, essence, practices, thinking to improve the carrier goals, personalities, habits, or bodily formation.

Therefore, option D is correct.

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Answer:

Explanation:

Peter is planning his finances for the next couple of years. He wants to save money to eventually buy a house because he will be getting married
soon. He has created a savings plan revolving around his necessary expenses, and he has set a target of three years to save up a down payment
for a house. At which phase of the financial life cycle is Peter in?
Peter is in the________
phase of the financial life cycle.

Fill in the blank

Answers

Beginning is the correct answer

Answer:

Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer

Explanation:

Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer

As you progress from projects to continuous processes, one of the following is true:
Batch sizes become larger
Per unit cost increases
Product variety increases
Process flexibility increases

Answers

As you progress from projects to continuous processes, one of the following is true: A. Batch sizes become larger.

How to explain the information

In continuous processes, the goal is to achieve a smooth and uninterrupted flow of production. This often involves producing items or completing tasks in larger quantities without interruption. As a result, batch sizes tend to become larger in continuous processes compared to project-based work.

Batch sizes refer to the number of items or tasks that are processed or produced together as a group. In project-based work, where each project may have unique requirements or specifications, smaller batches are often more common.

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