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Why Does Specialization Become More Profitable on a Larger Scale

question 78

Multiple Choice

Why does specialization become more profitable on a larger scale? I. Large firms are more profitable than small firms. II. Cost efficiencies become possible when the production scale is significantly large relative to the cost of the machines being used. III. Large-scale production justifies the acquisition of more knowledge on a specific activity.


Definitions:

Comforted By A Stranger

A scenario where an individual, often a child, receives consolation or reassurance from someone they do not know well or at all, indicating their trust or social behavior.

Securely Attached

Refers to a healthy attachment style typically observed in children who feel confident and reassured that their caregivers are reliably available and responsive to their needs.

Indifferent Presence

A condition or state where someone or something exists or is present but without any significant impact or concern.

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