Large firms are able to lower their costs by taking advantage of ___________________.
Fill in the blank(s) with the appropriate word(s).
economies of scale
Economics
You might also like to view...
What is another name for a vertical line that shows the long-run aggregate supply in the aggregate demand and aggregate supply model?
a. Real GDP b. Equilibrium GDP c. Potential GDP d. Long-run aggregate demand
Economics
An example of an investment is
A. the purchase of a Hewlett Packard laser printer for use by a business. B. the purchase of a share of Google stock. C. the purchase of an Exxon Mobil bond. D. all of the above.
Economics