Which of the Following Statements Accurately Brings Out the Difference

question 100

Multiple Choice

Which of the following statements accurately brings out the difference between economies of scale and learning effects?

• A) While there are no diseconomies to learning, there are diseconomies to scale.
• B) Economies of scale occur over time, whereas learning effects are captured at one point in time.
• C) Firms experience economies of scale when output increases, and learning effects when output decreases.
• D) Economies of scale reduce cost per unit, learning effects increase cost per unit.

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Definitions:

Abscessed Wound

An infected wound characterized by a collection of pus caused by a bacterial infection.

Moist Compresses

Soft pads soaked in water or medicinal solutions applied to parts of the body to provide relief from pain or swelling.

Decubitus Ulcer

A pressure sore or ulcer that forms on the skin due to prolonged pressure on one area, often occurring in bedridden patients.

Necrotic Tissue

Dead tissue that has not been shed from the body, often the result of injury, infection, or disease, requiring medical treatment to remove.