"Economies of Scale" Means That

question 331

Multiple Choice

"Economies of scale" means that:

• A) as a company produces larger numbers of a particular product, the cost of each unit of the product goes down.
• B) the more producers there are in an economy the greater the need for intermediaries.
• C) larger countries enjoy more economic growth than smaller countries.
• D) as a company produces larger numbers of a particular product, the total cost of producing these products goes down.

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Definitions:

Parietal Cells

Cells in the lining of the stomach that produce hydrochloric acid and intrinsic factor, crucial for digestion and B12 absorption.

Serous Cells

Gland cells that produce a watery, protein-rich fluid, playing key roles in lubrication and protection in various organs and cavities of the body.

Mucus Neck Cells

Specialized cells in the stomach that produce mucus to protect the lining of the stomach from acidic gastric juice.

Adventitia

The outermost layer of the wall of a blood vessel or other organ, consisting mainly of connective tissue, providing structural support and protection.