Economies of Scale Quiz

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Test your knowledge about economies of scale with this quiz game!

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sarah ayyad

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Froggy Jumps Economies of Scale QuizOnline version Test your knowledge about economies of scale with this quiz game! by sarah ayyad 1 What is the definition of economies of scale? a The cost neutrality that enterprises obtain due to size, output, or scale of operation. b The cost disadvantages that enterprises obtain due to size, output, or scale of operation. c The cost advantages that enterprises obtain due to size, output, or scale of operation. 2 Which of the following is an example of economies of scale? a A company producing fewer units to increase the average cost per unit. b A company producing more units to reduce the average cost per unit. c A company producing the same number of units to maintain the average cost per unit. 3 Which of the following is an example of internal economies of scale? a A company benefiting from government subsidies to reduce its production costs. b A company reducing its production costs by improving its manufacturing process. c A company benefiting from lower input prices due to industry-wide technological advancements. 4 Which of the following is an example of external economies of scale? a A company benefiting from economies of scope by diversifying its product range. b A company benefiting from a well-developed transportation infrastructure in its region. c A company benefiting from cost-saving technologies implemented within its own operations. 5 What is diseconomies of scale? a The constant average costs as a company grows beyond a certain size. b The decrease in average costs as a company grows beyond a certain size. c The increase in average costs as a company grows beyond a certain size. 6 What is the main advantage of economies of scale? a It allows companies to increase their costs and decrease their profitability. b It allows companies to maintain their costs and profitability. c It allows companies to lower their costs and increase their profitability. 7 What is the main disadvantage of economies of scale? a It can lead to more flexibility and innovation within a company. b It has no impact on the flexibility and innovation within a company. c It can lead to less flexibility and innovation within a company. 8 How can economies of scale be achieved? a By increasing production volume, improving operational efficiency, and leveraging purchasing power. b By maintaining production volume, operational efficiency, and purchasing power. c By decreasing production volume, reducing operational efficiency, and limiting purchasing power.

Froggy Jumps

Economies of Scale QuizOnline version

Test your knowledge about economies of scale with this quiz game!

by sarah ayyad

What is the definition of economies of scale?

The cost neutrality that enterprises obtain due to size, output, or scale of operation.

The cost disadvantages that enterprises obtain due to size, output, or scale of operation.

The cost advantages that enterprises obtain due to size, output, or scale of operation.

Which of the following is an example of economies of scale?

A company producing fewer units to increase the average cost per unit.

A company producing more units to reduce the average cost per unit.

A company producing the same number of units to maintain the average cost per unit.

Which of the following is an example of internal economies of scale?

A company benefiting from government subsidies to reduce its production costs.

A company reducing its production costs by improving its manufacturing process.

A company benefiting from lower input prices due to industry-wide technological advancements.

Which of the following is an example of external economies of scale?

A company benefiting from economies of scope by diversifying its product range.

A company benefiting from a well-developed transportation infrastructure in its region.

A company benefiting from cost-saving technologies implemented within its own operations.

What is diseconomies of scale?

The constant average costs as a company grows beyond a certain size.

The decrease in average costs as a company grows beyond a certain size.

The increase in average costs as a company grows beyond a certain size.

What is the main advantage of economies of scale?

It allows companies to increase their costs and decrease their profitability.

It allows companies to maintain their costs and profitability.

It allows companies to lower their costs and increase their profitability.

What is the main disadvantage of economies of scale?

It can lead to more flexibility and innovation within a company.

It has no impact on the flexibility and innovation within a company.

It can lead to less flexibility and innovation within a company.

How can economies of scale be achieved?

By increasing production volume, improving operational efficiency, and leveraging purchasing power.

By maintaining production volume, operational efficiency, and purchasing power.

By decreasing production volume, reducing operational efficiency, and limiting purchasing power.

Economies of Scale Quiz

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Economies of Scale Quiz

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Economies of Scale QuizOnline version

by sarah ayyad

What is the definition of economies of scale?

Which of the following is an example of economies of scale?

Which of the following is an example of internal economies of scale?

Which of the following is an example of external economies of scale?

What is diseconomies of scale?

What is the main advantage of economies of scale?

What is the main disadvantage of economies of scale?

How can economies of scale be achieved?