Economies of Scale Means

question 3

Multiple Choice

Economies of scale means

• A) that average fixed costs are rising.
• B) the economy is favorable for a new business to sell scales that measure weight.
• C) as a firm produces and sells more products, the average cost of each product decreases.
• D) the company has better managerial capacity.
• E) the intellectual value of the business is increasing.

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Definitions:

Vegetarianism

A dietary lifestyle that excludes meat, and sometimes other animal products, for health, ethical, or environmental reasons.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, social or personal.

Meat-eating

The consumption of animal flesh by humans.

Vegetarian

A person who does not eat meat, and sometimes other animal products, especially for moral, religious, or health reasons.