External Economies of Scale Will ________ Average Cost When Output

question 7

Multiple Choice

External economies of scale will ________ average cost when output is ________ by ________.

• A) reduce; increased; the industry
• B) reduce; increased; a firm
• C) increase; increased; a firm
• D) increase; increased; the industry
• E) reduce; reduce; the industry

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Definitions:

Second Languages

a term referring to any language learned in addition to a person's first language.

Parietal Lobe

A region of the brain located at the upper back area in the skull, responsible for processing sensory information such as touch, temperature, and pain.

Auditory Stimuli

Sounds or acoustic signals that are detected by the auditory system, triggering a response or recognition.

First Languages

The primary language(s) that a person learns from early childhood, which shapes their cognitive and communication skills.