Question: FleetFoot's total costs per pair changed when production jumped from 1.5 million pairs of shoes to 2.25 million pairs of shoes. Why? FleetFoot benefitted from
FleetFoot's total costs per pair changed when production jumped from 1.5 million pairs of shoes to 2.25 million pairs of shoes. Why? FleetFoot benefitted from ______________.
producing at minimum efficient scale
attaining diseconomies of scale
locking in learning curve economies
the effect of economies of scale
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