Large factory- like firms survive because:
A)the ability to shirk is low.
B)they are usually public companies.
C)the gains from specialization are high.
D)the cost of monitoring is low.

Question

Quizplus · Accepted Answer

Large factory-like firms can take advantage of economies of scale and specialization in production, which allows them to lower their costs and price their products more competitively. This makes them more likely to survive and thrive in the market.

Large Factory- Like Firms Survive Because