Answer: B. Economies of Scale.
Explanation:
ECONOMIES OF SCALE is a situation where costs are reduced because production rises. This is usually the case with larger firms because they are able to produce more goods which translates to the fall of their cost per good.
For example, a firm has fixed costs of $3000 regardless of if they produce 10 products or 100. If they produce only 10 then it's $300 per product in cost as opposed to producing 100 which is $30 per product in cost. The problem is that only larger firms could be able to produce above 10 goods.
The Houston based funeral house is considered a GIANT so they are probably benefitting from ECONOMIES OF SCALE.
c, created a central government with limited powers and no president
Answer:
The given statement referring to the ideas of 'global village' and 'shrinking of time and space' is a TRUE statement.
Explanation:
The technological advancements that have happened in almost all the disciplines of life have introduced increased convenience in the lives of people around the world. The conventional methods of traveling and communication that used to consume huge amounts of time have got replaced by methods backed by new-age technology and applied engineering. Owing to the dramatic reduction in time that is now required to travel between any two locations on the planet, the world has begun to seem like a small village. Earlier, it was only possible to go from one place to another either by road or by waterways. But nowadays, the facilities of aviation and its affordability have made it easy for everyone to travel anywhere by air and that too by putting the least possible time at stake.
Communication has not only become faster but has become far more safe and secure. Also, the modern methods of communication dispense the facilities of sending and receiving multimedia messages which was not possible through conventional methods of communication. The technological leap forward in the discipline of communication has reduced the time taken for delivering a message and getting a response down to seconds, which in itself is a great trait offered by modern scientific innovations. Hence, it can be said that the shrinking of time and space owing to the upward evolution of technology has turned the world into a global village.
Answer:
random assignment
Explanation:
Random assignment is an experimental technique that seeks to form random and fully randomized experimental groups in relation to the treatments presented in the research. This type of technique prevents the formation of "combined groups" that show the differences to each other and can generate a comprehensive result on the research, thus the random formation of diverse groups that can represent a much larger and different population.
An example of this can be seen in the question above, where the researcher decides the formation of the group that will receive the medicine and the group that will receive the placebo, completely randomly.
