What Is the Common Link Between Such Events as Hurricane

question 9

Multiple Choice

What is the common link between such events as Hurricane Katrina, loss of a major employer, and physical violence to gay men?

• A) All are task functions of a community.
• B) All are system stressors.
• C) All represent examples of homeostasis.
• D) All of the above

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Definitions:

Economies of Scale

Economies of scale are benefits companies gain from their operation size, leading to a decrease in the cost per unit as their scale of operation increases.

Diseconomies of Scale

A phenomenon that occurs when a company or business grows so large that the costs per unit increase.

Total Cost

The sum of all expenditures incurred in the production of goods or services, including fixed and variable costs.

Diseconomies of Scale

The phenomenon where production costs increase as a firm's output expands, leading to inefficiencies.