Economies of Scale Can Be Caused by All of the Following

question 38

Multiple Choice

Economies of scale can be caused by all of the following except :

• A) price discounts for large scale purchases.
• B) labor specialization.
• C) use of more productive equipment.
• D) increases in the firm's average total cost.

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Definitions:

Scanty

Descriptive of being minimal in quantity, barely sufficient, or less than adequate.

Peritoneal

Relating to the peritoneum, the serous membrane lining the cavity of the abdomen and covering the abdominal organs.

Hemodialysis

A medical procedure where a machine filters wastes and water from the blood, mimicking the function of healthy kidneys.

Membrane

A thin, soft, pliable layer of tissue that lines a tube or cavity, or covers an organ or structure.