Economies of Scale Are the Same as

question 160

Multiple Choice

Economies of scale are the same as

• A)decreasing returns to scale.
• B)increasing returns to scale.
• C)constant returns to scale.
• D)diminishing marginal returns.
• E)increasing marginal product of labor.

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Definitions:

Continuity Theory

A psychological theory suggesting that individuals tend to maintain the same activities, behaviors, personalities, and relationships as they age.

Connected

Being joined or linked in some manner, either physically, emotionally, or digitally, implying a state of unity or association.

Past

The past refers to the period of time that has already occurred, in contrast to the present and the future.

Activity Theory

A theory that suggests aging adults remain more satisfied when they are engaged in activities that maintain their social interactions and personal development.