A Firm That Is Experiencing Economies of Scale Has ______

question 22

Multiple Choice

A firm that is experiencing economies of scale has ______ returns to scale technology and a ______ average cost curve.

• A) Increasing; positively-sloped
• B) Increasing; negatively-sloped
• C) Decreasing; positively-sloped
• D) Decreasing; negatively-sloped

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Definitions:

Memos

Brief messages typically used in a business setting for internal communication.

Workplace Correspondence

Communication that takes place in a professional setting, often involving emails, memos, letters, and reports.

Netiquette Guideline

Rules and principles for maintaining respectful and polite behavior in online communications.

Memo Components

The essential parts of a memorandum, which may include a header, subject line, body, and closing, structured to convey information clearly and concisely.