Big Food Processors Are Due To

question 53

Multiple Choice

Big food processors are due to:

• A) diminishing returns
• B) economies of scale
• C) profits
• D) the Law of Demand

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Definitions:

Sales

The total amount of revenue generated from selling goods or services.

Perpetual Inventory System

A method used by businesses to keep a real-time record of inventory levels, constantly updating with every sale and purchase.

Merchandise Inventory

Goods that a company holds for the purpose of selling them to customers.

Perpetual Inventory System

A method of inventory management where updates to inventory levels are made in real-time following every sale or purchase.