Which of the Following Is Not a Reason for Economies

question 83

Multiple Choice

Which of the following is not a reason for economies of scale?

• A)Division of labor helps in specialization
• B)Merger of two firms
• C)Hiring larger machines which are more efficient than the smaller ones
• D)Increase in overhead expenses
• E)Research and development

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Definitions:

Belief Systems

Comprehensive frameworks of values and principles that individuals or groups use to understand and interpret the world.

Group Cohesion

Refers to the bond that holds a group together and the sense of solidarity among its members.

Goal Attainment

The process of defining, pursuing, and achieving objectives or desired outcomes.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting one's expectations or achieving a goal.