One Reason Why Economies of Scale Drive Down Cost Is

question 117

True/False

One reason why economies of scale drive down cost is the spreading of fixed costs.

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Definitions:

Matthias Schleiden

A German botanist and co-founder of cell theory, who in 1838 proposed that all plant tissues are composed of cells and that plant growth results from the production and expansion of these cells.

Anton Van Leeuwenhoek

A Dutch scientist known as the "Father of Microbiology" for his pioneering work in the development of the microscope and the discovery of microbial life.

Theodor Schwann

A German physiologist who co-founded the cell theory, stating that all living things are made up of cells.

Prokaryotic Cell

A simple, single-celled organism without a nucleus or other membrane-bound organelles, such as bacteria and archaea.