Multiple Choice
Two companies are producing breakfast cereal. One company produces 10,000 boxes at an average cost of $1 per box. The other company produces 100,000 boxes at an average cost of $.75 per box. This example demonstrates the concept of
A) external strategies.
B) self-efficacy.
C) economies of scale.
D) geographic expansion.
E) growth vision.
Correct Answer:
Verified
Correct Answer:
Verified
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