Question: The idea that the manufacturing costs per unit decrease as the number of units produced increases is known as _ _ _ _ _ _
The idea that the manufacturing costs per unit decrease as the number of units produced increases is known as
Question options:
economy of scale
venture capitalism
Reed's law
the firstmover advantage
the network effectThe idea that the manufacturing costs per unit decrease as the number of units produced increases is known as
Question options:
economy of scale
venture capitalism
Reed's law
the firstmover advantage
the network effect
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
