Which of the following refers to the cost savings achieved when the volume of a product produced by a firm enables it to reduce per unit cost?
a.
Economies of scale
b.
Return on equity
c.
Demand-side benefits scale
d.
Tangible resources
Answer: a
Marketing MCQ
Marketing
Which of the following refers to the cost savings achieved when the volume of a product produced by a firm enables it to reduce per unit cost?