Examlex
Brooke is a PhD candidate in the field of nanophysics. She is aware that only 4 percent of physics professionals are women. Brooke has heard peers and even instructors say that this is because women struggle to comprehend complex mathematics. What may Brooke be experiencing when she scores below her male counterparts on an exam?
Economies of Scale
Economies of scale refer to the cost advantage that arises with an increased output of a product, as fixed costs are spread out over more units of production, leading to a decrease in the per-unit cost.
Diseconomies of Scale
The phenomenon where production costs increase as a firm's production scale becomes too large, leading to inefficiencies.
Diseconomies of Scale
The phenomenon where production costs increase as a company grows larger, leading to reduced efficiency.
Bureaucratic
Pertaining to a system of administration characterized by strict policies, procedures, and hierarchy.
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