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Which of the following is not a source of economies of scale?

  Learning-by-doing.
  Labor specialization.
  Use of larger machines.
  Inelastic resource supply curves.

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Related questions

Find a firm that you believe has achieved economies of scale in recent years. Given the determinants of economies of scale (labor specialization, managerial specialization, efficient capital, etc.), which determinant do you believe is most responsible for the firm achieving economies of scale? Why?

Which of the following statements is true about economies of scale? Select one:

a. Economies of scale refer to cost savings that come from learning by doing.

b. Attaining economies of scale increases a firm's profitability.

c. Economies of scale lead to an increase in the average unit cost of a product.

d. Economies of scale result due to the increase in the perceived value of a product.

e. The ability to spread variable costs over a large volume is a source of economies of scale

The most likely explanation for economies of scale is

A. increasing marginal cost.

B. coordination problems.

C. specialization of labor.

D. decreasing marginal cost. 

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