When Washington Widgets started, it cost the company $87.50 to manufacture its main product. Now, making the same product costs just $48. This reduction in production costs demonstrates the effects.

 A pharmaceutical company wants to expand its offer with new medications to treat type I diabetes. What would be a main activity for this company?

 

Answer rating: 100% (QA)

The reduction in production costs from 8750 to 48 demonstrates the effects of economies of scale Her... View the full answer