Due to Extremely Large Fixed Costs, an Electricity Generating Plant

question 51

Multiple Choice

Due to extremely large fixed costs, an electricity generating plant probably experiences which of the following returns to size?

• A) diseconomies of scale
• B) diminishing marginal product
• C) constant returns to scale
• D) economies of scale

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Definitions:

Mainstream Culture

The dominant culture within a society, encompassing its widespread customs, values, practices, and media consumption.

Discriminated

Unfair treatment of individuals based on their race, gender, age, or other characteristics rather than their merits or abilities.

Social Mores

Social mores are widely accepted norms and values that govern behaviors within a society, acting as guidelines for social conduct.

Violation

The act or process of breaking a rule or law or failing to comply with a norm or condition.