_______ Is Not a Benefit of Globalization

question 7

Multiple Choice

_______ is not a benefit of globalization.

• A) Lowering prices for goods
• B) Raising the incomes of consumers
• C) Slowing economic growth
• D) Helping to create jobs in all countries that choose to participate
• E) More leisure time

Differentiate between diminishing returns to scale and decreasing returns to scale.

Understand factors leading to diminishing marginal returns.

Assess how returns to scale affect long-run average costs.

Interpret the relationship between economies of scale, diseconomies of scale, and long-run cost curves.

---

Definitions:

Space Law

Law consisting of the international and national laws that govern activities in outer space.

Outer Space Treaty

An international agreement that forms the basis for international space law, outlining principles regarding the use of outer space by states.

Space Registry

A catalog or database that tracks objects and activities in outer space, such as satellites and space debris.

National Appropriation

The act of a government allocating funds to various departments, projects, or regions within the country.