Answer: B. Economies of Scale.
Explanation:
ECONOMIES OF SCALE is a situation where costs are reduced because production rises. This is usually the case with larger firms because they are able to produce more goods which translates to the fall of their cost per good.
For example, a firm has fixed costs of $3000 regardless of if they produce 10 products or 100. If they produce only 10 then it's $300 per product in cost as opposed to producing 100 which is $30 per product in cost. The problem is that only larger firms could be able to produce above 10 goods.
The Houston based funeral house is considered a GIANT so they are probably benefitting from ECONOMIES OF SCALE.
Answer: I'm not sure what the answer is, but I will take an educational guess, I think the answer is "Developed farmland near Lake Okeechobee".
<span>As towns emerged along the Erie Canal, bringing business, agriculture and industry to the previously unsettled western New York the canal helped New York City establish its trade position and develop into the world's dominant commercial center. Additionally, the canal brought people and products west and provided the fertile land of the Old Northwest (what is now considered the Midwest) a burgeoning market for its produce.
I hope my answer has come to your help. God bless you and have a nice day ahead!
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