Question:

Economies of scale describes the situation in which things can be produced more efficiently and cheaply by lar

by  |  earlier

0 LIKES UnLike

True or False??

 Tags:

   Report

2 ANSWERS


  1. True - larger companies have lower average costs due to specialization effect producing higher output, thus they are more efficient (until some production level - after this level begins dis-economies of scale).


  2. What is lar?

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.