A. experience curve
B. learning curve
C. observational curve
D. both A and B
Related Mcqs:
- The decrease in average per unit cost of production which is caused by accumulated experience of production is classified as?
A. experience curve
B. learning curve
C. costing curve
D. pricing curve - If the total cost is $70000 and the level of production is 30000 units then the average cost will be __________?
A. $2.33
B. $3.33
C. $4.33
D. $5.33 - The cost of products that fluctuate with the level of production are classified as ___________?
A. total costs
B. augmented costs
C. variable costs
D. fixed costs - If the fixed cost is $18000 and the variable cost is $16000 then the total cost is _________?
A. $18,000
B. $16,000
C. $340,000
D. $34,000 - If the fixed cost is $45000, units sold are 60000 and the variable cost is $25 then the unit cost will be __________?
A. $33.75
B. $30.75
C. $25.75
D. $28.75 - Considering auction-type pricing, the techniques are involved like ___________?
A. English auctions
B. Dutch auctions
C. Sealed-bid auctions
D. all of the above - The kind of cost which does not vary with the level of production of company or level of sales is classified as?
A. variable costs
B. fixed costs
C. total costs
D. all of above - The pricing strategy in which prices are based on cost of distribution and production plus fair return rate is classified as?
A. cost based pricing
B. differentiated pricing
C. competitive pricing
D. value added pricing - Considering competitive positions, the firm other than market leader who is fighting hard in its industry to increase market share is classified as?
A. market follower
B. market niche
C. market challenger
D. market leader - Considering industrial structures, the economies whose majority of people belongs to agricultural business are classified as?
A. emerging economies
B. industrial economies
C. raw material exporting economies
D. subsistence economies
