The answer is true. its a litttle higher
I think c may be the closest answer
A clique, is probably the answer you are looking for, a tightly knit group of people that one must fall under specific categories to achieve access into a group.
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.)