Examlex
Cholesterol is ________.
Labor Specialization
The division of labor where individuals focus on a narrow area of expertise, improving efficiency and productivity.
Economies of Scale
The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.
Diseconomies of Scale
A phenomenon where a company's production costs increase due to an expansion in output, leading to inefficiencies.
Fixed Costs
Expenses that do not change with the level of output or sales, such as rent, salaries, and insurance.
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