The Main Source of Economies of Scale Is

question 4

Multiple Choice

The main source of economies of scale is

• A) better management.
• B) constant returns to plant size.
• C) specialization.
• D) long-run cost curves eventually sloping downward.
• E) increases in the labor force not matched by increases in the plant size.

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Definitions:

Adrenocortical Hormones

Hormones produced by the adrenal cortex, such as cortisol, aldosterone, and androgens, involved in regulating metabolism, immune response, salt and water balance, and other functions.

Cortisol

A steroid hormone released by the adrenal glands in response to stress or low blood sugar levels.

Deficiency

A lack or shortage of a necessary component, often referring to vitamins, minerals, or other nutrients in the context of health.

Thyroid

A gland in the neck that produces hormones regulating metabolism and energy use in the body.