Multiple Choice
Economies of scale refers to
A) the idea that proprietorships are less bureaucratic and therefore more efficient than corporations.
B) public investments in highways, schools, utilities, and such.
C) the fact that large producers may be able to use more efficient technologies than smaller producers.
D) the reallocation of labor from less-productive to more-productive uses.
Correct Answer:

Verified
Correct Answer:
Verified
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