Economies of Scale Refer to the

question 40

Multiple Choice

Economies of scale refer to the

• A)Reduction in minimum average costs due to an increase in the number of workers hired.
• B)Reduction in minimum average costs due to an increase in plant size.
• C)Downward-sloping portion of the marginal cost curve.
• D)Downward-sloping portion of the average total cost curve.

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Definitions:

Garden Path Sentence

A type of sentence that begins by appearing to mean one thing, but ends up meaning something else, often leading the reader to backtrack and reinterpret the sentence.

Phrase Structure System

A set of rules in linguistics that determines the syntactical structure of sentences in a language by organizing words and phrases hierarchically.

Passive Sentences

In grammar, sentences where the subject receives the action of the verb, often using a form of the verb "to be" followed by a past participle.

Habituated

The process of becoming accustomed to a stimulus or an environment through repeated exposure, leading to a decrease in response.