Which of the Following Occurs as Firm Size Grows

question 133

Multiple Choice

Which of the following occurs as firm size grows?

• A) A decrease in the number of managers needed.
• B) A decrease in transaction costs.
• C) A loss of opportunity cost.
• D) Administrative and bureaucratic costs rise at an increasing rate.

---

Definitions:

Midlife

This period of adult life, typically considered to occur from approximately 40 to 65 years of age, is marked by personal, social, and professional growth and reassessment.

Mental Age

A measure of an individual's cognitive ability compared to the average cognitive ability for their actual age.

Unified States

Political entities formed by the combination or unification of previously separate areas or jurisdictions, often to form a single sovereign nation.

Cognitive Declines

The gradual loss of cognitive abilities, including memory, attention, and executive functions, which can occur as part of the aging process.