You Overhear a Businessman Say: "We Want to Be Big

question 70

Multiple Choice

You overhear a businessman say: "We want to be big because there are economies associated with bigness." What he means is that

• A) total cost decreases as more is produced.
• B) long-run average cost decreases as more is produced.
• C) marginal cost decreases as more is produced.
• D) total fixed cost decreases as more is produced.

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Definitions:

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A utility in Windows enabling users to observe and manage the hardware connected to the computer.

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An way to input information into a computer by using a finger or stylus; used in kiosks.

Interface Connection Type

The specific method or standard used to connect different pieces of hardware or software, determining the nature of their interaction or communication.