Where There Are Internal Economies of Scale, the Scale of Production

question 15

Multiple Choice

Where there are internal economies of scale, the scale of production possible in a country is constrained by

• A) the size of the country.
• B) the size of the domestic market.
• C) the size of the trading partner's country.
• D) the size of the foreign market.
• E) the size of the domestic plus the foreign market.

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Definitions:

Constantly Connected

Describes the state or condition of being continuously in touch or in communication with others, often through the use of digital technologies like smartphones and social networking sites.

Cellphones

Portable electronic devices that enable voice and text communication over cellular networks, often equipped with internet access and various applications.

Functionalists

Theorists who focus on how the various parts of society work together to maintain stability and order, viewing society as a complex system of interrelated parts.

Mass Media

Forms of communication, such as newspapers, magazines, radio, and television, that reach large audiences, often used to disseminate information, entertainment, and advertisements.