Final answer:
The scale of output required to achieve the lowest unit costs is a key factor in differentiating large and small businesses.
Explanation:
One factor that can differentiate between a large and a small business is the scale of output required to achieve the lowest unit costs possible. For example, a large grocery store can benefit from economies of scale by serving a larger customer base, while a small store in a limited market may face challenges in achieving cost efficiencies.
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