Examlex
A firm is said to enjoy economies of scale over the range of output for which the long-run average cost is:
Generic Products
Products marketed without a brand name, often characterized by lower prices and standard quality levels.
Ultimate Consumer
The end user of a product who purchases it for personal, family, or household use, as opposed to purchasing it for resale or for creating another product.
Industrial Buyer
An individual or organization that purchases goods or services for use in the production of other products or for resale.
Consumer Products
Goods that are purchased by individuals for personal use rather than for manufacturing or resale.
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