One In the News article titled "Funeral Giant Moves In on Small Rivals" reports that profit for a Houston-based funeral giant is 31 cents on every dollar versus a profit of 12 cents for the funeral industry in general.Such profits are most likely the result of

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The profit for the Houston-based funeral giant is higher than the industry average, indicating that they have lower average costs. This is most likely because they are able to take advantage of economies of scale, where larger firms can produce at a lower cost per unit than smaller firms.

One in the News Article Titled "Funeral Giant Moves in on Small