Which of the Following Occurs as Firm Size Grows

question 133

Multiple Choice

Which of the following occurs as firm size grows?

• A) A decrease in the number of managers needed.
• B) A decrease in transaction costs.
• C) A loss of opportunity cost.
• D) Administrative and bureaucratic costs rise at an increasing rate.

---

Definitions:

Uniform Transfers

Legal mechanisms designed to standardize the transfer of various types of assets or rights across different jurisdictions.

Custodian

A custodian is a person or organization that has responsibility for or takes care of something, such as managing and safeguarding assets.

Minor

A person under the age of legal adulthood, often defined as 18 years, but the age can vary depending on the jurisdiction.

Act

In legal terms, an act refers to a statute or law passed by a legislative body at the federal, state, or local level.