Which of the Following Implies Reduced Unit Costs as Size

question 74

Multiple Choice

Which of the following implies reduced unit costs as size or volume of assets increases?

• A)Diseconomies of scale.
• B)Economies of scale.
• C)Economies of scope.
• D)Diseconomies of scope.
• E)Constant returns to scale

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Definitions:

Urgency

The quality or state of requiring immediate attention or action.

Expense

The cost incurred in the process of generating revenue, representing money spent or resources consumed to conduct business activities.

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A form of psychotherapy that involves treating family issues by focusing on family dynamics and relationships.

Anorexia Nervosa

An eating disorder characterized by an intense fear of gaining weight and a distorted body image, leading to excessive weight loss and occasionally starvation.