Examlex
GasBuddy and GasPriceWatch.com are companies started to help consumers save money on gas. Which environmental trend is most likely to have provided the impetus for the creation of these companies?
Economies of Scale
The financial advantages gained by enterprises from their operational size, where the per-unit cost decreases as the operation size increases.
Unit Cost
The cost incurred to produce, manufacture, or acquire one unit of a product or service.
Economic Profits
Profits that exceed both the explicit and implicit costs of a business, including a normal return on investment.
Differentiate Products
The process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.
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Q59: The process of adapting a company's core