Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How are economies of throughput different from economies of scale? Question 5 options: A) Economies of throughput are found in smaller countries, whereas economies of

How are economies of throughput different from economies of scale? Question 5 options: A) Economies of throughput are found in smaller countries, whereas economies of scale are found in large countries. B) Economies of scale relate to the size of operations, while economies of throughput relate to the completeness of operations. C) They're not. The two are identical. D) Economies of scale are attained by increasing production, whereas economies of throughput are realized by continuously operating at maximum capacity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Lever Of Riches Technological Creativity And Economic Progress

Authors: Joel Mokyr

1st Edition

0195074777, 9780195074772

More Books

Students also viewed these Economics questions

Question

1. What do I want to achieve?

Answered: 1 week ago

Question

3. What is my goal?

Answered: 1 week ago