_____ is the idea that it is cheaper (per item)to make many of an item than few.
A) Inventory turnover
B) Economy of scale
C) Breakeven point
D) Historical value

Name: _____ is the idea that it is cheaper (per item)to make many of an item than few. A) Inventory turnover B) Economy of scale C) Breakeven point D) Historical value
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Question

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Economy of scale refers to the concept that as production quantity increases, the cost per unit decreases, making it cheaper to produce many of an item rather than few.

_____ Is the Idea That It Is Cheaper (Per Item)to