Which of the Following Is Likely to Be a Rare

question 4

Multiple Choice

Which of the following is likely to be a rare source of cost advantage?

• A) Technological software
• B) If the efficient size of a firm or plant is significantly smaller than the total size of an industry
• C) Cost disadvantages based on diseconomies of scale
• D) Technological hardware

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Definitions:

Hidden

Concealed, not visible or apparent.

Overregularization

The application of regular grammatical rules (e.g., to create past tense and plurals) to irregular verbs and nouns.

Grammatical Rules

The structured guidelines that govern the composition of clauses, phrases, and words in any given natural language.

Private Speech

Vygotsky’s concept of the ultimate binding of language and thought. Private speech originates in vocalizations that may regulate the child’s behavior and become internalized by age 6 or 7.