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7nadin3 [17]
3 years ago
9

The producer is spending as little as possible per item produced. what word describes that kind of cost management?

Business
2 answers:
nadya68 [22]3 years ago
8 0
This kind of cost management is called budget planning. Budget planning is first identifying the sources of your income and considering all current and expected expenses, with a purpose to meet your financial goal. Its primary objective is to ensure that you will have savings after allocating the expenses. 
ddd [48]3 years ago
5 0
Efficient Scale is the answer you are looking for
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