If a Firm Wants to Capitalise on Economies of Scale

question 164

Multiple Choice

If a firm wants to capitalise on economies of scale, it may be able to do so by:

• A)giving its employees a limited task that they can master
• B)employing a larger number of workers
• C)producing a larger quantity of output
• D)doing all of the above

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Definitions:

Resolution

The act of solving or settling a problem, dispute, or contentious matter.

Light Microscope

A device that uses visible light and a system of lenses to magnify images of small samples, allowing for the observation of cells and their structures.

Plasma Membrane

A semi-permeable membrane that surrounds the cell, controlling the entry and exit of substances, thus maintaining the cell's integrity.

Immune System

A complex network of cells, tissues, and organs that work together to defend the body against infections and maintain overall health.