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8 Jun 2019

Identify and discuss the primary factors that are necessary to achieve economies of scale

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Nestor RutherfordLv2

11 Jun 2019

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Principles of Economics

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Related questions

Identify and discuss the primary factors that are necessary to achieve economies of scale

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DQ #1:What would be an example of a company that benefits from economies of scale? How does this company achieve its economies of scale? What would be an example of a company that benefits from economies of scope? How does this company achieve its economies of scope?

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The size of the market will help determine which of the following factors:

Select one:

a. MES (Minimum Efficient Scale)

b. The development of firms specializing in support activities.

c. The internalization of production that achieve economies of scale.

d. All of the above factors are influenced by the size of the market.

e. Only answers 'a' and 'b' are influenced by the size of the market.

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