APFIVE Principle of Economies of Scale
What piece of evidence supports the argument that economies of scale result in lower per-unit costs with increased production?
A
An indexed score from 0.00 to 1.00 is calculated for countries by combining GDP per capita, the adult literacy rate, average level of education, and total life expectancy
B
Workers began to organize into cooperative societies and trade unions, which provided benefits and services to their members
C
When a company increases output of a single product, it can save money by purchasing supplies in bulk
D
GNI per capita = [(GOODS + SERVICES) + (EXPORTS – IMPORTS)] ÷ POPULATION
Question Leaderboard
| Rank | |||||
|---|---|---|---|---|---|
| #1 | sid.haricr7 | 1 | 1 | 0m 00s | 100 |
| #2 | musehuang80 | 1 | 1 | 1m 01s | 39 |
| #3 | ringram | 0 | 1 | 0m 39s | -49 |
Items per page:
10
1 – 3 of 3