Which of the Following Is Not a Source of Economies

question 91

Multiple Choice

Which of the following is not a source of economies of scale?

• A) Learning-by-doing.
• B) Labor specialization.
• C) Use of larger machines.
• D) Inelastic resource supply curves.

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Definitions:

Companies

Legal entities established to engage in business activities, ranging from small enterprises to multinational corporations, recognized by law as having rights and responsibilities.

Current

Pertaining to the present time or most recent.

Lamp Shades

Covers used to diffuse the light from a lamp, often decorative and used to control the lighting ambiance of a room.

Exchange

A process by which two parties come to a mutual agreement to trade goods, services, or information.