The Concept of ________ Suggests That as a Firm Produces

question 75

Multiple Choice

The concept of ________ suggests that as a firm produces more, the average cost of goods produced goes down.

• A) natural growth
• B) survival of the fittest
• C) cost enhancement
• D) economies of scale

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Definitions:

Polyploidy

The condition of having more than two complete sets of chromosomes, common in plants and some animal species, leading to variation and sometimes increased size or vigor.

Plants

Plants are multicellular, predominantly photosynthetic eukaryotes of the kingdom Plantae, characterized by their ability to produce their own food through photosynthesis and their unique cell structures.

Fungi

A kingdom of heterotrophic organisms that includes yeasts, molds, and mushrooms, characterized by their chitin cell walls and absorptive nutrition.

Primates

An order of mammals that includes humans, apes, monkeys, and related species, characterized by large brains, forward-facing eyes, and opposable thumbs.