Unit 1.6 Economies of Scale
Authored by Emmanuel George
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10th Grade - University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economies of scale are the reduction in costs of production achieved through increased output.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Internal diseconomies of scale can be caused by
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a cause of internal diseconomies of scale?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a firm increases its use of all factors of production but sees an increase in its average costs, this is a sign of
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Internal economies of scale are those that
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
External economies of scale can arise from
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
External economies of scale are cost savings available to the whole ________ as a result of its __________.
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