If a Firm Wants to Capitalize on Economies of Scale,it

question 179

Multiple Choice

If a firm wants to capitalize on economies of scale,it may be able to do so by

• A) assigning limited tasks to its employees,so they can master those tasks.
• B) employing a smaller number of workers.
• C) producing a smaller quantity of output.
• D) producing an output level higher than the efficient scale.

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Definitions:

Foveas

The small depression in the retina of the eye where visual acuity is highest, containing a high concentration of cones, responsible for sharp central vision.

Rods

Photoreceptor cells in the retina responsible for vision in low light conditions.

Young-Helmholtz Theory

A theory suggesting that the human eye perceives color through the response rates of three kinds of cones, each sensitive to red, green, or blue wavelengths.

Color Vision

The ability of the visual system to distinguish objects based on the wavelengths of the light they reflect, emit, or transmit.