__________ Introduced Steam Sterilization in 1886, Which Was of Great

question 31

Multiple Choice

__________ introduced steam sterilization in 1886, which was of great importance for infection control in hospitals.

• A) Bergmann
• B) Konrad
• C) McCollum
• D) Halstead

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Definitions:

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the cost per unit of output decreases with increasing scale.

Long-Run Average Cost Curve

A graphical representation that shows the lowest average cost at which a firm can produce any given level of output in the long run, when all inputs are variable.

Small Firms

Businesses that operate on a smaller scale than larger enterprises, often characterized by fewer employees and lower income or revenue.

Large Firms

Enterprises or corporations that operate on a large scale, typically having significant market power, resources, and complex organizational structures.