Distinguish Between Groups,aggregates,and Categories from a Sociological Perspective

question 39

Essay

Distinguish between groups,aggregates,and categories from a sociological perspective.

---

Definitions:

Bottleneck Procedure

A method or process in manufacturing or production that significantly slows down or impedes overall workflow due to limited capacity or resources.

Economies Of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Decreasing Returns To Scale

See Diseconomies of scale.

Economies Of Scope

Exist when the cost of producing two products jointly is less than the cost of producing those two products separately.