What does the expression \"economies of scale\" pertain to? Question 18 options:

Question

What does the expression "economies of scale" pertain to?

Question 18 options:

The total cost of the project is reduced by the addition of very efficient processes

The project is a large scale project offering many opportunities for cost reduction

The development cost of a project is shared over a large number of items, thus the cost per item is less

None of the above

The Galileo spacecraft discovered the first asteroid to have its own moon. What is the name of this asteroid?

Question 21 options:

Ida

Dactyl

Shoemaker-Levy 9

Gaspra

Who is Wernher Von Braun?

Question 23 options:

One of the men responsible for the design of the German V-2 rocket

The chief architect of the Saturn V launch vehicle that sent the Apollo spacecraft to the Moon.

Both 1 and 2

None of the above

The total cost of the project is reduced by the addition of very efficient processes

The project is a large scale project offering many opportunities for cost reduction

The development cost of a project is shared over a large number of items, thus the cost per item is less

None of the above

The Galileo spacecraft discovered the first asteroid to have its own moon. What is the name of this asteroid?

Question 21 options:

Ida

Dactyl

Shoemaker-Levy 9

Gaspra

Who is Wernher Von Braun?

Question 23 options:

One of the men responsible for the design of the German V-2 rocket

The chief architect of the Saturn V launch vehicle that sent the Apollo spacecraft to the Moon.

Both 1 and 2

None of the above

Explanation / Answer

18 Economies of scale allow sharing development cost over a longer period of production run and cheaper mass production. Thus, the cost per item decreases .

Thus correct option is (c) The development cost of a project is shared over a large nunber of items.....

21. (a) Ida. The name of asteroid was ida hence correct option.

23. He was famous for development of rocket technology. He developed the V 2 rocket engine as well as cheif architect of both operation. Hence correct option is

(c) Both 1 and 2

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