Economies of scale give an advantage to what type of company? (select the best answer.)
question 25 options:

a company with a small number of employees

a company that makes many sales

a company with many variable costs

a service-based company

A company that makes many sales

Explanation:

Economies of Scale refer to the cost advantage , a firm experience when it increases its level of output. This advantage arises due to the inverse relationship between per-unit fixed cost and the quantity produced. The greater the quantity of output produced, the lower the per-unit fixed cost.

answer: b 56, 250

explanation:

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.