When Economies of Scale Are Large,firms Can Reduce Their Average

question 45

Multiple Choice

When economies of scale are large,firms can reduce their average total cost by:

• A) selling off their subsidiaries.
• B) merging into even larger firms.
• C) eliminating the bureaucratic costs.
• D) hiring professional managers.

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Definitions:

Complementary Strand

In genetics, this refers to a sequence of DNA or RNA that is made to pair with a specific sequence of nucleotides through base pairing.

DNA

DNA, or deoxyribonucleic acid, is a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

Complementary Strand

In molecular biology, a strand of nucleic acid that can form a double-stranded structure by matching each base with its complement.

DNA

Deoxyribonucleic acid, the molecule that carries genetic information in the cells of living organisms.