Economists use the term 'indivisibilities' to explain why:
A) economies of scale occur
B) people enjoy working in groups
C) trade unions are formed
D) diminishing returns occur

Question

Quizplus · Accepted Answer

Indivisibilities refer to the inability to divide certain inputs or processes into smaller units, which often leads to economies of scale as larger production levels can spread the fixed costs over more units, reducing the average cost per unit.

Economists Use the Term 'Indivisibilities' to Explain Why