Multiple Choice
Which of the following is an advantage of mini-mills over vertically integrated giant mills?
A) The small size of mini-mills ensures economies of scale in steel production.
B) The small furnaces used in mini-mills depend less on coal and more on electricity.
C) The mini-mills do not require integration of casting and milling activities.
D) The small furnaces used by mini-mills can be operated as per the producer's will.
Correct Answer:
Verified
Correct Answer:
Verified
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