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:

Behaviorism

A theory in psychology that emphasizes the importance of observable behaviors rather than internal processes such as thoughts and emotions.

Watson

Refers to John B. Watson, an American psychologist who established the psychological school of behaviorism, emphasizing the study of observable behavior.

Skinner

B.F. Skinner was a prominent psychologist and behaviorist known for developing the theory of operant conditioning, which describes how behaviors are influenced by their consequences.

Behaviorists

Psychologists who focus on observable behaviors, rather than internal mental processes, as the subject of their studies.