The Savings That a Large Company Can Enjoy from Producing

question 47

Multiple Choice

The savings that a large company can enjoy from producing goods in high volume,that are not available to a small company are called:

• A)economies of scale.
• B)horizontal integration.
• C)vertical integration.
• D)economies of scope.

---

Definitions:

Ten-inch Pizzas

A size specification for pizzas, indicating that the diameter of the pizza measures ten inches.

Number Expression

A mathematical statement used to represent a quantity or to carry out a calculation.

Alma Mater

A school, college, or university from which one has graduated or attended.

Number Rules

Guidelines or principles related to the use, manipulation, and understanding of numbers in various contexts.