Digitized information products like software and music,pioneers are unlikely to benefit from substantial economies of scale.

Question

Quizplus · Accepted Answer

Economies of scale are cost advantages that a business obtains due to its large scale of operation. Digitized information products like software and music can be easily reproduced and distributed at a low cost, regardless of the scale of operation. Therefore, pioneers in these industries are unlikely to benefit from substantial economies of scale.

Digitized Information Products Like Software and Music,pioneers Are Unlikely to Benefit