Increasing Returns to Scale in an Industry

question 41

Multiple Choice

Increasing returns to scale in an industry:

• A)give all businesses a competitive advantage
• B)increase a business's chance of becoming larger in size
• C)generally means that businesses are relatively small
• D)lead to an increase in small business entries within the industry
• E)are more common in resource-based industries

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Definitions:

Complementary DNA

A form of DNA synthesized from a messenger RNA template, allowing for the study or manipulation of gene expression.

Reverse Transcriptase

An enzyme used by retroviruses to transcribe their RNA into DNA, allowing it to be integrated into the host's genome.

Template

A pattern or model used as a guide for making something accurately, including in DNA replication and transcription processes.

Genetic Material

The molecules that carry the genetic information necessary for the growth, development, functioning, and reproduction of living organisms, primarily DNA and RNA.