16-62 Which of the Following Implies Reduced Unit Costs as Size

question 77

Multiple Choice

16-62 Which of the following implies reduced unit costs as size or volume of assets increases?

• A)Diseconomies of scale.
• B)Economies of scale.
• C)Economies of scope.
• D)Diseconomies of scope.
• E)Constant returns to scale

---

Definitions:

Trainees

Individuals who are undergoing training to acquire new skills, knowledge, or competencies for professional development.

Trainer

A specialist who designs and delivers training programs, focusing on improving skills, knowledge, and competence in a specific area.

Venture Capital

Financing that investors provide to startup companies and small businesses with long-term growth potential in exchange for an equity stake.

First Stage Investment

The initial round of funding for a startup or business venture, typically provided by venture capitalists or angel investors to support early development.