Which of the following implies reduced unit costs as size or volume of assets increases?
A)Diseconomies of scale.
B)Economies of scale.
C)Economies of scope.
D)Diseconomies of scope.

Question

Quizplus · Accepted Answer

Economies of scale generally imply that as an organization grows and increases its volume of production or assets, it will enjoy lower unit costs due to improved efficiencies, reduced duplication, and better capacity utilization.

Which of the Following Implies Reduced Unit Costs as Size