asked 166k views
1 vote
Which best explains one of the benefits provided by economies of scale?

asked
User Pir
by
7.5k points

2 Answers

2 votes

Answer: a larger customer base enables retailers to pay lower prices for wholesale goods

Explanation: Good luck :)

answered
User Oalders
by
7.8k points
4 votes
Economies of scale are the economic efficiency of carrying out processes on a larger scale. These are the costs advantage you get when you expand your business. As a firm expands, their costs fall because of marketing economies, purchasing economies, administrative economies, and etc. 
answered
User Rakiem
by
8.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.