The points in the box below are arguments of -more efficient leading to lower prices -ability to hire large number of workers -can produce goods in large quantity A. Large corporate business B. Family owned business C. Large government D. Extensive federal control
The arguments provided express benefits related to large corporate businesses, and the three of them are interrelated:
More efficient leading to lower prices. Large corporations are more likely to achieve economies of scale and to produce with the greatest efficiency given a certain amount of inputs.
Can produce goods in large quantity. This factor is related to the previous one. They obtain the benefits of reaching economies of scale, because due to their large production capacity and large profits they can afford to invest on technology or innovations that make the production processes even more efficient.
Ability to hire large number of workers, to run their facilities. On the first hand, they need workers to conduct the manufacturing processes in their enormous production plants, plus many other office jobs: directives, accountants, lawyers, etc.
