Economies of Scale Exist as a Firm Increases Its Size

question 296

Multiple Choice

Economies of scale exist as a firm increases its size in the long run because of all of the following except

• A)the firm can afford more sophisticated technology in production.
• B)labor and management can specialize even further in their tasks.
• C)as a larger input buyer, the firm can purchase inputs at a lower per unit cost.
• D)as a firm expands its production, its profit margin per-unit of output increases.

---

Definitions:

External Traumas

Physical injuries caused by an external force or impact to the body.

Fibrous Protein

Proteins that are elongated and insoluble, forming essential structural components of body tissues such as collagen, keratin, and elastin.

Endogenous Lesions

Lesions or damages originating from within the body, often caused by internal factors such as genetic disorders or disease processes.

Pinpoint Hemorrhages

Small, round spots that appear on the skin as a result of bleeding under the surface, often associated with various medical conditions.