Examlex

Solved

Which of the Following Simple Sentences Is Incorrect ? (Hint

question 2

Multiple Choice

Which of the following simple sentences is incorrect ? (Hint: Consider both punctuation and agreement of the subject and verb.)


Definitions:

Economies Of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Diseconomies

Negative effects on costs that occur as a business expands, typically resulting from inefficiencies that stem from managerial and operational challenges.

Expansion Path

A curve in input space showing how the optimal mix of inputs changes as the firm expands output.

Fixed Proportion

Refers to a production process where inputs must be used in strict, unchanging ratios to produce an output.

Related Questions