The Main Source of Economies of Scale Is

question 4

Multiple Choice

The main source of economies of scale is

• A) better management.
• B) constant returns to plant size.
• C) specialization.
• D) long-run cost curves eventually sloping downward.
• E) increases in the labor force not matched by increases in the plant size.

---

Definitions:

Action Plan

A detailed proposal for doing or achieving something, often outlining steps, timing, and resources needed to accomplish a specific goal.

Kurt Lewin

A pioneering psychologist known for his field theory in social science, emphasizing the interaction between an individual's internal state and external environment.

Community-Based Participatory Research

Community-Based Participatory Research is a collaborative research approach designed to ensure and establish participation by community members, researchers, and organizations in the process of addressing community-related issues.

Demographics

Statistical data relating to the population and particular groups within it, such as age, gender, income, and education.