A company that lowers its costs per unit by selling more units overall has improved its economies of scale. Correct answer: C
The term economies of scale is used in economics to denote that the larger the business, the non-profit or government, the lower its costs. If a company sells more units, has lower costs, because the cost of producing one unit is less when many units are produced at once. This means that the company is expanding their business and has improved economies of scale.
