When Increasing Size Leads to Lower Per Unit Costs, We

question 21

Multiple Choice

When increasing size leads to lower per unit costs, we say there are

• A) Diseconomies of scale
• B) Economies of scale
• C) Untapped resources
• D) Unique resources
• E) Sunk costs

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Definitions:

Potassium Chloride

A chemical compound used medically as a supplement or medication to treat and prevent low blood levels of potassium (hypokalemia).

Saline

A solution of salt in water, commonly used in medical treatments for hydration or wound cleaning.

Venipuncture

The puncture of a vein with a needle for the purpose of drawing blood or administering fluids intravenously.

IV Catheter

A flexible tube inserted into a vein, usually in the hand or arm, to administer medications or fluids directly into the bloodstream.