The ________ concept states that the average unit cost of a service or good can be reduced by increasing its output rate

Fill in the blanks with correct word

economies of scale

Business

You might also like to view...

On average, an organization has one HR staff person for every _____ employees served by the department.

Fill in the blank(s) with the appropriate word(s).

Business

A credit-shelter trust provides only income for the surviving spouse for life, yet leaves the principal untouched for someone else when the surviving spouse dies.

a. true b. false

Business