Question: 13. The idea that the manufacturing costs per unit decrease as the number of units produced increases is known as Group of answer choices a.

13. The idea that the manufacturing costs per unit decrease as the number of units produced increases is known as

Group of answer choices

a. economy of scale.

b. venture capitalism.

c. Reed's law.

d. the first-mover advantage.

e. the network effect.

14. Relish LLC. spent a lot of resources to open an exclusive outlet of low-fat pizzas made from organic ingredients. Relish made huge sales on the pizzas. Relish enjoys customer loyalty because it introduced the pizza range before any of its competitors. Which of the following concepts is illustrated in the scenario?

Group of answer choices

a. Opportunism

b. First mover advantage

c. Divesting strategy

d. Market penetration

e. Anti-competitive strategy

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