A distinguishing characteristic of producers of information products is their

Question

Quizplus · Accepted Answer

Producers of information products often experience short-run economies of operation due to the nature of information goods, where the initial cost of production can be high (e.g., research and development, content creation), but the cost of producing additional units (e.g., digital copies) is very low, leading to economies of scale as production increases.

A Distinguishing Characteristic of Producers of Information Products Is Their