Figure 7.6.1
-Refer to Figure 7.6.1. A movement from A to B in the figure represents:
A) economies of scale.
B) diseconomies of scale.
C) learning.
D) economies of scope.
E) diseconomies of scope.

Question

Figure 7.6.1
-Refer to Figure 7.6.1. A movement from A to B in the figure represents:
A) economies of scale. 
B) diseconomies of scale. 
C) learning. 
D) economies of scope. 
E) diseconomies of scope.

Quizplus · Accepted Answer

A movement from A to B typically represents economies of scale, which occur when increasing production leads to lower average costs.

Figure 7.6.1 -Refer to Figure 7.6.1. a Movement from a to B