Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Why are mass-produced products cheaper than products produced in smaller quantities? Group of answer choices Mass-produced products are more likely to have cheaper materials sourced

Why are mass-produced products cheaper than products produced in smaller quantities? Group of answer choices Mass-produced products are more likely to have cheaper materials sourced from all over the world. Mass-produced products are generally made locally and can save on transportation costs. Mass-produced products are generally made in the United States or Europe where labor costs are lower. Mass-produced products are generally created with materials bought in small quantities from a variety of companies

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations of Mathematical Economics

Authors: Michael Carter

1st edition

262531925, 978-0262531924

More Books

Students also viewed these Economics questions

Question

What was the influence of the strength of the treatment?

Answered: 1 week ago