Question

read the selection and answer the question that follows.
economies of scale refers to the cost advantage a business gets due to increase in output. that is, the cost per unit of product falls as volume increases.
the above text pertains to the subject of ____________.
○ production
○ accountancy
○ medical science
○ statistics

Explanation:

Economies of scale is a concept related to how a business's production affects costs. Production focuses on creating goods or services, and economies of scale directly impacts production - related cost - per - unit calculations. Accountancy is about financial record - keeping and reporting. Medical science pertains to health and medicine. Statistics is about data collection, analysis, etc. Since the text is about cost - per - unit in relation to output (a production - related aspect), it pertains to production.

Answer:

production