With the Success of the Internet,few Producers Sell Through Intermediaries

question 84

True/False

With the success of the Internet,few producers sell through intermediaries today.

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Definitions:

Diseconomies of Scale

Phenomena that occur when a company or business grows so large that the costs per unit increase, leading to inefficiency and increased per-unit costs.

Large Business

A corporation or conglomerate with extensive operations, high revenue, and a significant number of employees.

Managing and Coordinating

The processes of directing, overseeing, and orchestrating activities within an organization to achieve predetermined objectives.

Minimum Efficient Scale

Minimum efficient scale is the smallest scale of production at which a firm can achieve long-term average costs that are as low as possible.