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NEW QUESTION: 1
A. Option C
B. Option A
C. Option D
D. Option B
Answer: C
NEW QUESTION: 2
The product description of a project can help to create procurement details. Which one of the following best describes product description?
A. The product description defines the requirements for the contract work
B. Al1 of the above
C. The product description defines the contracted work
D. The product description defines the contracted work, based on the requirements of the project customer
Answer: D
Explanation:
The product description defines the contracted work, based on the requirements of the project customer
NEW QUESTION: 3
Which of the following are examples of long run internal economies of scale?
i. Mass production using robot machine tool technology
ii. Obtaining lower prices when buying raw materials in bulk
iii. Long run technical change in the industry
iv. The emergence of specialized training institutions for the industry v. Lower borrowing costs for large firms vi. The spreading of fixed costs over a larger output
A. (i), (iv) and (vi) only
B. (i), (ii) and (iii) only
C. (ii), (iii) and (v) only
D. (i), (ii) and (v) only
Answer: D
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