External Economies of Scale Occur Because

question 116

Multiple Choice

External economies of scale occur because:

• A) the firm becomes large and so gains the advantages of international trade
• B) the firm becomes larger and its industry becomes larger
• C) the industry becomes larger
• D) the firm becomes large and is able to obtain favourable terms from suppliers

Understand the role of media and technology in modern politics, including the concept of simulacrum.

Discern the impact of celebrity endorsements and public figures on political outcomes and public opinion.

Grasp the importance of education as a means of societal indoctrination and value transmission.

Understand the historical context and effects of televised debates in American politics.

---

Definitions:

Individual Effects

Refers to the impacts or results of an activity, phenomenon, or intervention on a single person, contrasting with effects on groups or populations.

Tolerance

The process by which an individual's physiological response to a substance decreases with repeated use, necessitating larger amounts to achieve the same effect.

Increased Amounts

Refers to a quantity or volume of something becoming larger or greater than before.

Depressant

A substance that reduces arousal and stimulation in the brain, often used to treat anxiety and insomnias, such as alcohol or sedative medications.