Economies of Scale Have

question 70

Multiple Choice

Economies of scale have:

• A)No limits
• B)Upper limits due to impracticality
• C)A positive impact on profit in all cases
• D)Been exploited by large firms in the past, so are no longer important.

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Definitions:

Yearly Donations

The total sum of money given by donors to an organization within a year.

Thousands of Dollars

A unit of measure indicating the amount in multiples of one thousand dollars, often used to simplify financial figures.

Y-Intercept

The point where a line crosses the y-axis on a graph.

Least Squares Line

A line of best fit determined by minimizing the sum of the squares of the vertical distances of the points from the line.