Some Goods Can Be Produced at Low Cost Only If

question 247

Multiple Choice

Some goods can be produced at low cost only if they are produced in large quantities.This phenomenon is called

• A)marginal cost of production.
• B)marginal benefit of size.
• C)economies of scale.
• D)economies of production.

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Definitions:

Symbolic Racism

A form of racism that operates through subtle prejudice and discrimination, relying on symbols that are indirectly related to race.

Unobtrusive Measures

Observational approaches that neither intrude on the processes being studied nor cause people to behave unnaturally.

Modern Forms

Contemporary or current versions, adaptations, or interpretations of traditional or classical themes or objects.

Racism

Prejudice and discrimination against people based on their ethnicity or race.