_____ are reductions in cost per unit that can be obtained by producing greater quantities of goods and services.
A)Economies of scope
B)Logistics
C)Continuous process designs
D)Economies of scale

Question

Quizplus · Accepted Answer

Economies of scale refer to the reduction in cost per unit that can be obtained by producing greater quantities of goods and services. This can happen because fixed costs are spread over a larger output, so each unit becomes cheaper to produce.

_____ Are Reductions in Cost Per Unit That Can Be