Economies of Scale Exist Where Proportionate Increases in the Amount

question 19

True/False

Economies of scale exist where proportionate increases in the amount of inputs employed in a production process result in lower average unit costs

---

Definitions:

Electronegativity

Measure of the ability of an atom to pull electrons away from other atoms.

Hydrophobicity

The physical property of a molecule that is seemingly repelled from a mass of water.

Cohesion

The force that holds molecules of the same substance together, contributing to the tensile strength of water.

Acid

Substance that releases hydrogen ions in water.