Which of the following is true regarding how a market type interacts with constant, increasing and decreasing cost industries? a. In a perfectly competitive market, firms tend to experience diseconomies of scale et relatively low levels of output.
b. In a natural monopoly, firms will always reach diseconomies of scale at high levels of output.
c. In a monopoly, firms are likely to begin experiencing diseconomies of scale at relatively low levels of output .
d. In a perfectly competitive market, firms will usually experience significant economies of scale until very high levels of output.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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