Given that there are significant economies of scale involved in making flat screen television sets, the cost of manufacturing a flat screen television set most likely will:
A) rise as the industry matures.
B) fall as the industry matures.
C) remain the same as the industry matures.
D) rise whether the industry matures or not.

Question

Quizplus · Accepted Answer

As the industry matures, manufacturers can produce at larger scales, reducing the average cost per unit due to economies of scale.

Given That There Are Significant Economies of Scale Involved in Making