Register
The concept of _____ tells us that as plant output expands, unit costs decrease. One reason is the greater utilization of capital equipment.
202k views
1 vote
The concept of _____ tells us that as plant output expands, unit costs decrease. One reason is the greater utilization of capital equipment.

User Alexander Mills
by
6.8k points

1 Answer

4 votes

Answer:

The concept of economies of scale tells us that as plant output expands, unit costs decrease.

Step-by-step explanation:

User Juw
by
7.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.0m questions

10.7m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!