Jonathan is an entrepreneur who believes that companies pursue international trade in an attempt to achieve cost advantages by spreading fixed costs over more units of output. Jonathan believes in the _____.

Question

Quizplus · Accepted Answer

Jonathan's belief aligns with the theory of economies of scale, which suggests that companies can achieve cost advantages by increasing their output to spread fixed costs over more units, thereby reducing the cost per unit.

Jonathan Is an Entrepreneur Who Believes That Companies Pursue International