Internal Economies of Scale Will ________ Average Cost When Output

question 29

Multiple Choice

Internal economies of scale will ________ average cost when output is ________ by ________.

• A) reduce; increased; a firm
• B) increase; increased; a firm
• C) reduce; increased; the industry
• D) increase; increased; the industry
• E) reduce; reduce; the industry

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Definitions:

Fetal

Pertaining to a fetus, which is the developmental stage of human offspring from the end of the embryonic period (around 8 weeks) to birth.

Metaphase II

A stage of meiosis II where sister chromatids align at the spindle equator, preparing for separation to opposite poles of the cell.

Secondary Oocyte

An immature egg cell that has completed the first meiotic division and is released during ovulation.

Prophase I

The first stage of meiosis I where chromosomes condense, pair up, and exchange genetic material through crossing over.