Technical Economies of Scale Are Closely Related to Which of the Following

question 131

Multiple Choice

Technical economies of scale are closely related to which of the following?

• A)The law of diminishing returns.
• B)Decreasing returns to scale.
• C)Rising short-run average total cost.
• D)Falling short-run marginal cost.
• E)Increasing returns to scale.

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Definitions:

Fugue

A psychological state or condition in which a person loses awareness of their identity or other important autobiographical information and may engage in unexpected travel or wanderings.

Phobia

An intense, irrational fear of specific objects, activities, or situations that leads to avoidance behavior.

Genetic Factors

Attributes determined by the individual genes passed from parents to offspring, influencing traits and characteristics.

Biological Theorists

Researchers or scientists who explore the connections between biological processes and behaviors, emphasizing genetics, neurochemistry, and biology's role in influencing human actions and mental states.