Which of the following refers to the cost savings achieved when the large volume of a product manufactured by a firm enables it to reduce per-unit cost?
A) Economies of scale
B) Return on equity
C) Demand-side benefits scale
D) Tangible resources

Question

Quizplus · Accepted Answer

Economies of scale refer to the cost savings achieved when the large volume of a product manufactured by a firm enables it to reduce per-unit cost.

Which of the Following Refers to the Cost Savings Achieved