Which Economic Concept Explains Why a Large Drugstore Chain Can

question 70

Multiple Choice

Which economic concept explains why a large drugstore chain can produce at a lower average cost than Whoville Pharmacy, an individually owned drugstore?​

• A)Increasing marginal returns
• B)Diminishing marginal returns​
• C)Economies of scale​
• D)Diseconomies of scale​
• E)Constant returns to scale​

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