The Reduction in Transactions Costs Per Dollar of Investment as the Size

question 65

Multiple Choice

The reduction in transactions costs per dollar of investment as the size of transactions increases is

• A)discounting.
• B)economies of scale.
• C)economies of trade.
• D)diversification.

---

Definitions:

Capitalist System

An economic system where trade, industry, and the means of production are largely or entirely owned and operated by private individuals or companies for profit.

Quality of Mind

A concept referring to an individual's ability to be alert to circumstances and to think critically and empathetically.

Addiction

A chronic dysfunction of the brain system that involves reward, motivation, and memory, characterized by a compulsive pursuit of certain stimuli despite adverse consequences.

Street Families

Groups of individuals, not necessarily related, who form close bonds and support systems, often among the homeless or marginalized communities.