You Are the Manager and Owner of E-Bulbs Inc

question 121

Multiple Choice

You are the manager and owner of E-Bulbs Inc.and you know that your factory experiences economies of scale.You want to quantify the extent of scale economies in the production of E-Bulbs Inc.,so you need to find

• A) diseconomies of scale.
• B) minimum efficient scale.
• C) diminishing marginal productivity.
• D) diminishing marginal returns.

---

Definitions:

Normal Model

A statistical model, also known as the normal distribution or Gaussian distribution, characterized by a bell-shaped curve symmetrical about its mean.

Jelly Beans

Small, bean-shaped sugar candies with various flavors and colors.

Proportion

A part, share, or number considered in comparative relation to a whole, often expressed as a fraction or percentage.

Fair 6-sided Dice

A cube-shaped object with each of its six faces showing a different number of dots from 1 to 6, used in games of chance to ensure an equal probability of landing on any face when thrown.