The Fact That a Large Company Can Enjoy Savings from Producing

question 43

Multiple Choice

The fact that a large company can enjoy savings from producing goods in high volume that are not available to a small company is called ________.

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

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Definitions:

Adobe Premiere Clip

An easy-to-use video editing software developed by Adobe, designed specifically for mobile devices to create and edit videos on the go.

Google Photos

A cloud-based service by Google for storing, sharing, and managing photos and videos, offering powerful search capabilities and automatic album creation.

Audacity

An open-source digital audio editor and recording application software, available for multiple operating systems.

Slide Master

A template slide in presentation software that controls the layout, theme, and style of all slides within the presentation.