With a higher volume of product,most companies can expect to _.
A)gain economies of scale
B)find competitors using the experience curve strategically
C)become less efficient
D)see fixed costs increase
E)have a straight,horizontal learning curve

Question

Quizplus · Accepted Answer

With a higher volume of production, companies can expect to gain economies of scale which allows them to produce goods at a lower cost per unit. This is because fixed costs, such as equipment and machinery, can be spread out over a larger number of units produced, resulting in a lower cost per unit.

With a Higher Volume of Product,most Companies Can Expect to _