Which of the following would be a source of economies of scale?
A)the social environment
B)the quantity of labour
C)decreasing returns
D)more specialized inputs

Question

Quizplus · Accepted Answer

More specialized inputs can lead to economies of scale because they increase efficiency and reduce costs. When inputs are specialized, they can be used more efficiently and quickly in the production process, resulting in higher output and lower costs per unit.

Which of the Following Would Be a Source of Economies