The Most Likely Explanation for Economies of Scale Is

question 7

Multiple Choice

The most likely explanation for economies of scale is

• A)coordination problems.
• B)specialization of labor.
• C)increasing marginal cost.
• D)decreasing marginal cost.

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Definitions:

Lakes

large bodies of water that are surrounded by land and are not part of the ocean.

Atmosphere

The gaseous envelope that surrounds the solid Earth and includes air, clouds, and precipitation.

Glaciers

Large masses of ice that move slowly over land, formed by the accumulation and compaction of snow, and can shape landscapes through erosion.

Lakes

Large bodies of water surrounded by land, usually freshwater, but they can also be salty in some regions.