Economists Use the Term 'Indivisibilities' to Explain Why

question 122

Multiple Choice

Economists use the term 'indivisibilities' to explain why:

• A) economies of scale occur
• B) people enjoy working in groups
• C) trade unions are formed
• D) diminishing returns occur

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Definitions:

Nominal Group Method

A structured form of brainstorming that involves individuals working together to generate ideas and achieve consensus.

Anonymous

Without any name acknowledged, as that of an author, contributor, or the like; lacking individuality, unique character, or distinction.

Brainstorming

A group creativity technique designed to generate a large number of ideas for the solution to a problem.

Idea Duplications

The process of creating replicas or copies of an original idea.