Which Term Refers to Increases in Unit Costs as Production

question 20

Multiple Choice

Which term refers to increases in unit costs as production increases?

• A)vicious circle
• B)diseconomies of scale
• C)economies of scope
• D)experience curve effects

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Definitions:

Softening

The process of making something softer or less rigid, often through the addition of moisturizers or water.

Muscle Tissue

A body tissue composed of fibers capable of contracting to effect bodily movement.

Excitability

The ability of a cell or organism to respond to external stimuli and generate a response.

Contractility

The ability of muscle tissue to contract forcefully when stimulated.