Question

National chain stores have found that private brands help differentiate them from their competitors. As the size of retail companies has increased through mergers and acquisitions, the procurement of private-label products to develop a distinctive identity has become more possible of late through

Answer 1

The correct answer is Economies of scale.

Step-by-step explanation:

The economy of scale occurs when a company has the power to manage the situation in production when it presents an optimal level of production, which allows it to produce a larger quantity at a lower cost since, as sustained growth occurs, its unit production costs are directly reduced.