External Economies of Scale Occur When Costs Go Down as an Industry

question 52

True/False

External economies of scale occur when costs go down as an industry expands.

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Definitions:

International American Credibility

The perception of the United States' reliability and trustworthiness on the global stage, affecting its ability to influence international affairs.

Terrorist State

A term often used to describe a country that supports or engages in terrorism activities, either by funding terrorist groups or harboring terrorists within its borders.

Homelessness Rates

The proportion of the population that does not have stable, permanent, and adequate housing at any given time.