One reason for growing a business is that as it grows,average cost per product can go down.

Question

Quizplus · Accepted Answer

It is generally true that as a business grows, it can benefit from economies of scale, which can lower the average cost per product. For example, a larger business may be able to negotiate better prices for raw materials, spread fixed costs over a larger number of products, and achieve greater operational efficiencies. However, this is not always the case, as there are many factors that can affect cost structure and profitability, such as competition, technology, and customer demand.

One Reason for Growing a Business Is That as It