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

---

Definitions:

Quantitative Researchers

Specialists who focus on gathering and analyzing numerical data for statistical analysis to derive empirical insights and conclusions.

Hypothesis

A preliminary explanation suggested based on minimal evidence to initiate more detailed investigation.

Statistical Tests

Procedures used in statistics to determine the significance or reliability of collected data or observed differences.

Quantitative Research

A systematic investigation technique that focuses on quantifying the collection and analysis of data, often using statistical tools.