The Causal and the Effectual - to Play with Both

question 55

Multiple Choice

The causal and the effectual - to play with both hands is a heading in the book. In other words:

• A) that effectual and causal are like fire and water
• B) that considering entrepreneurship to be a play with two hands is a fruitful approach
• C) a person should employ all of his/her ability, not only parts of it
• D) the two forms of logic complement one another - they are both necessary, just at different stages

---

Definitions:

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, typically resulting in the reduction of cost per unit.

Aircraft Production

The process and industry involved in designing, manufacturing, and assembling aircraft.

Newspaper Printing

The process of mass-producing copies of a newspaper document, whereby the news and other data are printed onto papers.

Economies of Scale

The cost advantage that arises with increased output of a product, where the average cost per unit decreases as the scale of production rises.