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The likeliest reason why a large business may be able to achieve economies of scale is due to A. International trade B. Fewer scarce resources. C. The division of labor. D. Less specialization.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 42P: A small company that shovels sidewalks and driveways has 100 homes signed up for its services this...

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Question

The likeliest reason why a large business may be able to achieve economies of scale is due to

A. International trade

B. Fewer scarce resources.

C. The division of labor.

D. Less specialization.

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