Answer:
C. When excess capacity exists, cost can increase
Explanation:
The only False statement in all the given four statement is option C that is When excess capacity exists, cost can increase.
Clearly, the above statement is false because when by the principle of economies of scale at higher capacity, the overall cost of production decreases. ( in simple terms, higher the supply, lesser will be the demand.)
Answer:
D
Explanation:
The key words in the question are "modern technology". This refers to types of technology we use nowadays to spread information.
Looking at A, B, and C, we can easily connect these to our daily lives. However, when we look at D, many people don't even know what telegraphs are these days. This is because telegraphs have become obsolescent since the end of World War II; the modern email has replaced it.
Thus, D is the answer.
Hope this helps!
C) They wanted to become powerful by obtaining riches that included gold and spices