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Question
because nadia wants to decrease the costs of her business, she uses ______ by choosing to buy inputs in bulk and manufacture products in large quantities. multiple choice brand positioning demographic forces economic forces potential competitors economies of scale
Economies of scale occur when a business can reduce per - unit costs by increasing production volume (buying inputs in bulk and manufacturing in large quantities). Brand positioning is about how a brand is perceived in the market. Demographic forces relate to population characteristics. Economic forces are broader economic conditions. Potential competitors are other firms that may enter the market. Only economies of scale directly relate to cost - reduction through increased scale of production.
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E. economies of scale