An Industry That Realizes Such Large Economies of Scale in Producing

question 285

Multiple Choice

An industry that realizes such large economies of scale in producing its product that single-firm production of that good or service is most efficient is called a(n) ________ monopoly.

• A) fixed cost
• B) economies of scale
• C) patent
• D) natural

---

Definitions:

Caffeine Withdrawal

Symptoms experienced by individuals who abruptly stop consuming caffeine after prolonged use, including headaches, fatigue, and irritability.

Social Phenomenon

A pattern of behavior that is common within a society or among social groups, often influencing and shaping culture and community interactions.

Unresponsive

The state of not reacting or showing any response to stimuli or attempts at communication, often used in medical contexts.

Neuroadaptation

The process by which the brain undergoes changes to become more accustomed to new stimuli, often discussed in the context of drug tolerance and addiction.