When It Is Cheaper for One Firm to Produce a Particular

question 50

Multiple Choice

When it is cheaper for one firm to produce a particular product, ____ exist(s) .

• A)economies of scale
• B)economies of scope
• C)diminishing marginal returns
• D)cross-subsidization

---

Definitions:

Gender Role Stereotyping

The assignment of roles, behaviors, and attributes to individuals based strictly on their gender, often resulting in restrictive and prejudicial practices.

Father Care

The involvement and nurturing activities a father engages in to support the physical, emotional, and developmental well-being of their child.

Day Care

A service that provides care for children during the daytime, often enabling their parents to work or engage in other activities.

Reciprocal

Involving a mutual exchange or relationship where both or all parties give and take something.