Trade increases production partly by taking advantage of

Question

Business

Adam Tran

2 December, 17:44

Trade increases production partly by taking advantage of

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Answers (1)

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Collin · Answer 1

The options were

A) economies of scale.

B) economies of scope.

C) realism.

D) pluralism.

The answer is A) economies of scale Economics of scale is said to be an advantage based on the scale or size of production house that is larger company will have more advantage just for being large. Because mass production most of the times saves costs which adds to the profit of the company. Hence the trade can be increased in this way.