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Which of the Following Statements Best Fits with the Concept

Question 30

Multiple Choice

Which of the following statements best fits with the concept of economies of scale?


A) Lower per unit costs as the production scale is increased.
B) Gains in efficiency due to producing with a smaller facility.
C) Higher per unit costs due to problems with communication, coordination, and bureaucratic red tape.
D) Producing a greater variety of output that utilizes similar types of raw materials.

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