
BOP L7
Quiz
•
Other
•
3rd Grade
•
Practice Problem
•
Hard
Pulkit Sharma
FREE Resource
Enhance your content in a minute
38 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do economies of scale refer to?
Cost advantages that a company can achieve as its production increases
Cost disadvantages that a company faces as its production decreases
The increase in costs as a company grows
The reduction in quality as a company expands
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two types of economies of scale mentioned in the diagram?
Internal Economies and External Economies
Internal Economies and External Disadvantages
Internal Disadvantages and External Economies
Internal Disadvantages and External Disadvantages
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two main types of Economies of Scale?
Managerial and Financial
Internal and External
Technical and Marketing
Resource & Development and Economies of Concentration
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT an example of Internal Economies of Scale?
Managerial
Financial
Technical
Economies of Specialization
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of External Economies of Scale?
Managerial
Financial
Economies of Concentration
Technical
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Total Revenue (TR) refer to?
The overall income a company generates from selling its products or services.
The total cost of producing goods.
The profit made after all expenses are deducted.
The number of units sold.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is Total Revenue (TR) calculated?
Price per Unit x Quantity Sold
Total Cost x Quantity Sold
Price per Unit + Quantity Sold
Total Cost + Quantity Sold
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