The Fact That a Single Large Factory May Be More

question 14

Multiple Choice

The fact that a single large factory may be more efficient than several smaller factories of the same total capacity is a reflection of

• A) increasing returns to scale.
• B) the law of diminishing marginal returns.
• C) comparative advantage.
• D) the crowding-out effect.
• E) reproduction cost of assets.

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Definitions:

Single Site

A location where a specific business, organization, or function operates independently.

Enterprise Portals

Knowledge communities that allow employees from a single or multiple companies to access and benefit from specialized knowledge associated with tasks.

Relational Database

A type of database that stores and provides access to data points that are related to one another.

Multiple Tables

In databases, a scenario where data is distributed across several tables to organize information efficiently and prevent redundancy.