In His Book, an Inquiry into the Nature and Causes

question 615

Multiple Choice

In his book, An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith credits economies of scale to

• A)competition.
• B)opportunity costs.
• C)specialization.
• D)incentives.

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Definitions:

Isotopes

Variants of a particular chemical element that differ in neutron number, and consequently in mass, but not in chemical properties.

Radioisotope

A radioactive isotope of an element, used in various scientific applications including medicine and radiometric dating.

Stable Isotope

A non-radioactive form of an element’s isotope, which does not change or decay over time.

Radiation

The emission or transmission of energy in the form of waves or particles through space or through a material medium.