According to economies of scale,each new unit that a company manufactures is ________.

Question

Quizplus · Accepted Answer

Economies of scale refer to the cost advantage a company gains by increasing its production volume. This means that as a company produces more units, it can spread its fixed costs (e.g., rent, salaries) over a larger number of units, making each unit less expensive to produce than the previous one. Therefore, choice B is the correct answer.

According to Economies of Scale,each New Unit That a Company