Which of the Following Are Not True About Economies of Scale

question 113

Multiple Choice

Which of the following are not true about economies of scale?

• A) Spreading fixed costs over increasing production levels
• B) Improve the overall cost position of the firm
• C) Most common in manufacturing businesses
• D) Most common in businesses whose costs are primarily variable
• E) Are common to such industries as utilities, steel making, pharmaceutical, chemical and aircraft manufacturing

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Definitions:

Physical Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage.

Withdrawal

The process of reducing or eliminating the use of a substance, often associated with a range of physical or psychological symptoms.

Biopsychosocial

An approach that examines the complex interactions between biological, psychological, and social factors in health and disease.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs.