A Firm Is Most Likely to Experience Economies of Scale

question 15

Multiple Choice

A firm is most likely to experience economies of scale if its start-up costs are high and its marginal cost is ________.

• A)increasing
• B)low
• C)high
• D)decreasing

---

Definitions:

Balance Sheet

A business document displaying a firm’s assets, debts, and owner's equity at a particular moment.

Interpersonal Relationships

Social connections and interactions between individuals, which may vary in depth, duration, and type, including friendships, family bonds, and romantic relationships.

Abortifacients

Substances that induce abortion by inhibiting the viability of a fetus or by stimulating menstrual flow.

Termination

The act of ending or concluding something, such as a job, contract, or relationship.