Asked by Jasmine Agosto on Jun 13, 2024
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What might cause economies of scale?
Economies of Scale
Cost advantages reaped by companies when production becomes efficient, as the scale of production and the cost per unit of production decrease.
- Grasp the concept of economies and diseconomies of scale and their implications on costs.
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KM
Learning Objectives
- Grasp the concept of economies and diseconomies of scale and their implications on costs.
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