Question: Help Save & Exit Submit When Fritz Welding first began operations, it took five hours to weld a patio table in the workroom. Today, that
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When Fritz Welding first began operations, it took five hours to weld a patio table in the workroom. Today, that task takes one hour as more efficient welding techniques have been introduced. This improvement in efficiency is an example of
Multiple Choice
location economies.
diminishing returns.
a geographic implication.
an efficiency frontier.
learning effects.
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