Even If Production of a Good Is Characterized by Economies

question 22

True/False

Even if production of a good is characterized by economies of scale,consumers of the good would be best served by having a large number of small firms produce the good because of the effects of increased competition.

---

Definitions:

Single Portion

Packaged products designed for individual use, intended to serve the need of a single consumption.

Quick Preparation

Refers to methods or products designed to reduce the amount of time needed for cooking or preparing something.

Marketing ROI

Return on Investment in marketing, measuring the profitability generated by marketing activities relative to their costs.

Marketing Dashboard

A management tool that visually displays key marketing performance indicators and metrics to help in decision-making.