In order to take advantage of economies of scale,large businesses usually
A) Devote resources to produce selected quantities of products
B) Devote resources to produce large quantities of products
C) Devote resources that are committed for only short time periods
D) Devote resources that are able to quickly respond to a changing market

Question

Quizplus · Accepted Answer

Economies of scale occur when a company reduces costs by increasing production. Large businesses produce large quantities to spread fixed costs over more units, reducing the cost per unit.

In Order to Take Advantage of Economies of Scale,large Businesses