Multiple Choice
In which of the following circumstances can a firm best achieve economies of scale?
A) When the firm can spread the costs of investments in plant across many sales
B) When the firm creates better quality products due to higher quality equipment
C) When the firm can reap the benefit of investing in research through higher customer satisfaction
D) When the firm creates highly customized products for a niche audience in the market
Correct Answer:
Verified
Correct Answer:
Verified
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