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 are achieved when producing large quantities of products reduces the cost per unit. This is because fixed costs are spread over more units, and operational efficiencies are often realized at higher production volumes.

In Order to Take Advantage of Economies of Scale, Large