True/False
Economies of scale occur when total costs fall as the scale of production increases
Correct Answer:
Verified
Related Questions
Q1: An SME is a small manufacturing enterprise
Q2: By growing a business may benefit from
Q4: Synergy occurs when there are diseconomies of
Q5: A takeover occurs when one business gains
Q6: Which of the following is an example
Q7: Which of the following is an example
Q8: Which of the following is an example
Q9: Which of the following is an example
Q10: A franchisee buys a franchise from a
Q11: Greiner's model shows the crises that can
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents