What is meant by economies of scale?
It is cheaper per unit to produce a large number of a product than it is to produce a small number.
It is the process of making products heavier.
It is a synonym for "big business."
It is any market that sets prices based upon the weight of the goods.

Question

What is meant by economies of scale?
It is cheaper per unit to produce a large number of a product than it is to produce a small number.
It is the process of making products heavier.
It is a synonym for "big business."
It is any market that sets prices based upon the weight of the goods.

anonymous · Answer

@EclipsedStar @theonlyrope

anonymous · Answer

http://www.investopedia.com/terms/e/economiesofscale.asp This should help :)

anonymous · Answer

let me know what you think after reading that

anonymous · Answer

t is cheaper per unit to produce a large number of a product than it is to produce a small number.?

anonymous · Answer

correct :)

anonymous · Answer

is this for FLVS or something else?

anonymous · Answer

flvs?

anonymous · Answer

whats that

anonymous · Answer

nevermind haha

eclipsedstar · Answer

FLVS is Florida Virtual School, a lot of os people are in it XD