menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Microeconomics
  4. Exam
    Exam 10: Organizing Production
  5. Question
    When the Cost of Producing a Unit of a Good
Solved

When the Cost of Producing a Unit of a Good

Question 14

Question 14

Multiple Choice

When the cost of producing a unit of a good decreases as its output rate increases, there are economies of


A) scale.
B) scope.
C) production.
D) size.

Correct Answer:

verifed

Verified

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

Related Questions

Q9: Profit maximization<br>A) makes a firm become as

Q10: If 10 firms share the sales of

Q11: Economic efficiency definitely occurs whenever<br>A) a firm

Q12: Which of the following can lead to

Q13: Tudor's Deli and Catering could have sold

Q15: A firm that is technologically efficient<br>A) must

Q16: Over a given period, economic depreciation is

Q17: Under _, there are many firms selling

Q18: Which of the following may yield economies

Q19: Although a corporation is the most common

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines