________ Refers to Reductions in a Firm's Costs That Result

question 325

Multiple Choice

________ refers to reductions in a firm's costs that result from an increase in the size of an industry.

• A) Internal economies
• B) External economies
• C) Autarkial dominance
• D) Streamlining

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Definitions:

Lewis Structures

Diagrams that represent the valence electrons of atoms within a molecule, indicating the bonding between atoms and the lone pairs of electrons.

Elemental Symbol

A one or two-letter notation derived from the Latin name of a chemical element used to represent it in the periodic table, such as H for hydrogen.

Lewis Structure

Lewis structures, also known as Lewis dot diagrams, are a graphical representation of molecules showing how valence electrons are distributed among the atoms and indicating the bonds between atoms.

Nitrogen Gas

A colorless, odorless, tasteless diatomic gas with the chemical formula N2, making up 78% of Earth's atmosphere by volume.