Multiple Choice
Eddie,the owner of a fast-food joint,finds that he spends far lesser when he bakes breads in dozens than when he bakes two or three loafs at a time.This idea of Eddie's is similar to the concept of:
A) break-even point.
B) economy of scale.
C) economy of scope.
D) monopoly.
Correct Answer:
Verified
Correct Answer:
Verified
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