Solved

Economies of Scale Can Be Caused by

Question 43

Multiple Choice

Economies of scale can be caused by


A) all of the following
B) short-run increases in marginal productivity
C) the use of larger, more specialized machines
D) higher information costs as a firm expands
E) bureaucratic red tape as a firm expands

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q38: Exhibit 7-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 7-6

Q39: Total cost is calculated as<br>A)FC + MC<br>B)FC

Q41: Maryann and Don want to open their

Q42: If the marginal product of an input

Q44: Exhibit 7-11 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 7-11

Q45: If the average height in the classroom

Q46: Exhibit 7-7 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 7-7

Q47: The law of diminishing returns explains why<br>A)monopolies

Q48: A young chef is considering opening his

Q219: The relationship between average and marginal variables