Economies of Scale Is an Example Of

question 74

Multiple Choice

Economies of scale is an example of:

• A) rent seeking.
• B) consumer surplus.
• C) a government-created barrier.
• D) an external market.
• E) a natural barrier.

---

Definitions:

Proportional Tax

A tax that is the same percentage of the tax base regardless of the taxpayer’s income or wealth.

Public Swimming Pool

A swimming facility provided by the government or community organizations for public use, often for recreational or instructional purposes.

Flat

Often refers to a type of accommodation within a building, comprising a set of rooms designed for residential use; also used to describe something with a smooth, even surface without raised areas.

Proportional

Refers to a relationship between two quantities where they change at the same rate.