Which of the Following Is an Example of External Economies

question 55

Multiple Choice

Which of the following is an example of external economies?

• A) The cost of per unit produced in manufacturing goods falls as the industry size grows.
• B) The cost of per unit produced falls as the firm size, not the industry size, grows.
• C) The cost of per unit produced in manufacturing goods increases as the industry grows.
• D) The cost of per unit produced falls as the size of the firm grows.

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Definitions:

Legitimate Stakeholders

Individuals or groups that have a valid or legally recognized interest or claim in a project, business or company.

Proper

Suitable or appropriate to the circumstances; conforming to the accepted standard or rules.

Desired

A state of wanting or wishing for something with the expectation or hope of achieving it.

Demanding Stakeholders

Stakeholders with high expectations or requirements from a project, company, or initiative.