- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 17. Financial Statement Modeling
- Subject 2. Income Statement Modeling: Costs
CFA Practice Question
Besides production volume, what other factor can influence the realization of economies of scale?
A. Increasing fixed costs.
B. Higher variable costs.
C. Efficient use of resources.
D. Decreasing sales levels.
Correct Answer: C
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