The ability of Intel to spread product development and other "start-up" costs over a larger number of units of output results in

A) economies of scale.
B) diseconomies of scale.
C) minimum efficient scale.
D) constant returns to scale.

Economies of Scale

The economic gains achieved by companies through their large-scale operations, which lead to a reduction in the cost per unit as the scale of operation increases.

Product Development

The process of bringing a new product to the market, including ideation, design, creation, and marketing.

Start-Up Costs

The initial expenses incurred during the process of establishing a business, including research, borrowing costs, licensing, and initial marketing.