Economies of Scale Indicates

question 41

Multiple Choice

Economies of scale indicates:

• A)the idea that proprietorships are less bureaucratic and therefore more efficient than corporations.
• B)public investments in highways, schools, utilities, and such.
• C)the fact that large producers may be able to use more efficient technologies than smaller producers.
• D)the reallocation of labour from less-productive to more-productive uses.

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Definitions:

Primary Reinforcers

Stimuli that satisfy basic survival needs and are innately reinforcing, such as food, water, and warmth.

Distinction

A discrepancy or divergence among alike objects or individuals.

Thorndike's Law

The principle that behaviors followed by favorable consequences become more likely, and behaviors followed by unfavorable consequences become less likely, known as the law of effect.

Effect

Refers to the outcome or impact that results from a particular cause or action.