Economies of Scale Result from Actions Such as

question 90

Multiple Choice

Economies of scale result from actions such as

• A)manufacturing products in small quantities.
• B)keeping the demand high by cutting supply.
• C)creating products that are exclusive.
• D)buying inputs for the products in bulk.

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Definitions:

Checks and Balances

Checks and balances is a principle in government where separate branches are empowered to prevent actions by other branches and are induced to share power, ensuring no single branch becomes too powerful.

Branches

Divisions or offshoots of a larger organization, company, or government that operate semi-autonomously, often with a specific local or functional focus.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Spending Power

The financial ability or capacity of an entity (individual, government, or organization) to make purchases or invest, influencing economic activity.