Economies of Scale Relates Most Closely to Which of the Following

Multiple Choice

Economies of scale relates most closely to which of the following choices?

A) Goods can be produced and purchased more cheaply when they are mass produced.
B) Mass production allows a greater breadth and variety of goods to be manufactured and purchased.
C) Small firms can compete effectively with larger firms through specialization.
D) Different firms place different markups on products to achieve profitability targets.