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As the global market for hearing products has become extremely competitive in recent months, Rinker Audio Products' newly appointed CFO, Neha Patel believes that the
As the global market for hearing products has become extremely competitive in recent months, Rinker Audio Products' newly appointed CFO, Neha Patel believes that the company should address its minimum efficient scale and attempt to lower it. Which of the following is a consequence of a low minimum efficient scale? Question 7 options: necessitating centralized production in a single location or a limited number of locations increasing the unit cost of products preventing a firm from utilizing capital equipment fully allowing a firm to hedge against currency risk by manufacturing the same product in several locations preventing a firm from accommodating demands for local responsiveness
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