Which of these is an example of economies of scale?
a. a shoe store finds it can increase profits by hiring high school students who are willing to work for minimum wage.
b. a ranch increases its profits by expanding from 400 to 800 cattle without buying or renting additional land.
c. a restaurant charges customers $1 a glass for water that was once provided for free.
d. an internet access company charges customers different rates for using the internet at different times of day?
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Home » Business » Which of these is an example of economies of scale? a. a shoe store finds it can increase profits by hiring high school students who are willing to work for minimum wage. b.