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Why do large companies have an advantage over smaller companies? Responses The production possibilities frontier is wider for a larger company. The production possibilities frontier
Why do large companies have an advantage over smaller companies? Responses The production possibilities frontier is wider for a larger company. The production possibilities frontier is wider for a larger company. Decreasing marginal utility enables more efficient production. Decreasing marginal utility enables more efficient production. Increasing the scale of production leads to a reduction in inputs. Increasing the scale of production leads to a reduction in inputs. Economies of scale make it possible to offer lower prices
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