Which refers to decline in the per unit cost of production as volume grows?
(A) Product Differentiation
(B) Economic of scale
(C) Switching Cost
(D) Brand Identity
Answers
Answered by
8
Answer:
Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. Examples of variable costs include the costs of raw materials and packaging. A variable cost can be contrasted with a fixed cost.
Answered by
0
Answer:
b - economic of scale
Explanation:
when the production increases then cost will decline
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