Answer:
The answer is a. hope that helps ya
Answer:
The correct answer is Economies of scale.
Explanation:
The economy of scale occurs when a company has the power to manage the situation in production when it presents an optimal level of production, which allows it to produce a larger quantity at a lower cost since, as sustained growth occurs, its unit production costs are directly reduced.
Answer:
Christy's demand for blackberries is elastic.
Explanation:
Christy purchases blueberries, blackberries, and strawberries. When the price of blackberries rises to a small extent, Christy will instead purchase strawberries or blueberries.
This shows that the demand for blackberries is elastic. Elastic demand refers to the situation when a small change in price causes the quantity demanded to change to a great extent.
