Economies of scale are:
A. unit cost increases associated with learning effects.
B. unit cost reductions due to inferior quality of products.
C. realized when output is reduced to a minimum.
D. realized when the selling price is equal to the cost price of the products.
E. unit cost reductions associated with a large-scale output.
Answer: E
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a. Undercover operations b. Theft c. Concealment d. Conversion
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a. Appeasement b. Delimited Rationality c. Bounded Rationality d. Grounding
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