Assess the Following as Probably True,as Probably False,as Requiring Further

question 76

Short Answer

Assess the following as probably true,as probably false,as requiring further documentation before judgment,or as a claim that cannot properly be evaluated.Consider both the nature of the claim and the source.
According to Funk & Wagnalls Hammond World Atlas,the three longest rivers in the world are the Nile,the Amazon,and the Yangtze.

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Definitions:

Economies of Scale

The cost advantage that arises with increased output of a product, where average costs start to fall as production scales up.

Marginal Returns

denotes the additional output obtained by adding one more unit of a specific input, while keeping other inputs constant.

Diseconomies of Scale

The scenario where costs start increasing as a company or project becomes too large, leading to inefficiency.

Bureaucratic

Relating to a system of government in which most of the important decisions are made by state officials rather than by elected representatives.