Which of the following is a reason for economies of scale?
A)Fixed costs are spread out as volume increases.
B)The law of diminishing returns does not take effect.
C)Input productivity increases as a result of greater specialization.
D)There is greater savings in transportation costs.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is a reason for economies of scale?
A)Fixed costs are spread out as volume increases.
B)The law of diminishing returns does not take effect.
C)Input productivity increases as a result of greater specialization.
D)There is greater savings in transportation costs.

Which of the Following Is a Reason for Economies of Scale