Which of the following is a consequence of a low minimum efficient scale?
A) Preventing a firm from utilizing capital equipment fully
B) Necessitating centralized production in a single location or a limited number of locations
C) Preventing a firm from accommodating demands for local responsiveness
D) Increasing the unit cost of products
E) Allowing a firm to hedge against currency risk by manufacturing the same product in several locations
Correct Answer:
Verified
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