Which of the Following Is Not a Source of Economies

question 52

Multiple Choice

Which of the following is not a source of economies of scale?

• A) Division and specialization of labor.
• B) Increase in output.
• C) More efficient use of capital.
• D) All of the above.
• E) Centralized marketing.

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Definitions:

Assumptions

Assumptions are accepted truths or beliefs that are taken for granted without proof, used as a basis for reasoning, discussions, or theoretical modeling.

Nonparametric Test

A type of statistical test that does not assume the data follows a normal distribution or any other specified parameters.

ANOVA

Short for Analysis of Variance, it's a statistical method used to compare means among three or more groups for statistical significance.

Levene Test

A statistical test used to assess the equality of variances for a variable calculated for two or more groups.