Examlex
When the CR (conditioned response) is elicited to the CS (conditioned stimulus) , _____ has taken place.
Economies of Scale
Economies of scale are cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale.
Economies of Scale
Cost advantages reaped by companies when production becomes efficient, as the scale of operation increases with the reduction in average costs.
Fixed Costs
Fixed costs are business expenses that remain unchanged regardless of the level of production or sales, such as rent, salaries, and insurance premiums.
Capital
Resources made and used by humans to produce goods and services, including buildings, machinery, and equipment.
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