________ Refers to Reductions in a Firm's Costs That Result

question 325

Multiple Choice

________ refers to reductions in a firm's costs that result from an increase in the size of an industry.

• A) Internal economies
• B) External economies
• C) Autarkial dominance
• D) Streamlining

---

Definitions:

Double Layer

A double layer refers to two parallel layers of different substances, often seen in biological membranes or in materials science.

Periosteum

A thick layer of blood vessel-filled connective tissue that surrounds bones, excluding the joint surfaces.

Bursa

A fluid-filled sac that reduces friction and provides cushioning between bones, tendons, and muscles near joints.

Fluid-filled Cushion

A protective layer or structure within the body comprised of fluid, providing support or absorbing shock, common in joint and tissue spaces.