Economies of Scale Arise from All of the Following Sources

question 78

Multiple Choice

Economies of scale arise from all of the following sources, EXCEPT:

• A) increasing fixed costs by limiting them to small volumes.
• B) serving domestic and international markets from the same production facilities.
• C) serving global markets.
• D) bargaining with suppliers to bring down the cost of key inputs.

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Definitions:

Thyroid Gland

A gland in the neck that produces hormones regulating heart rate, body temperature, and metabolism.

Hormones

Chemical messengers produced by glands in the body that regulate physiological activities by signaling to organs and tissues.

Autocrine

a mode of hormone action where a hormone acts on the same cell that produced it.

Hypothyroidism

A condition where the thyroid gland is underactive, resulting in a deficiency in thyroid hormones affecting metabolism.