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28 March, 08:29

Economies of scale involve decreasing as output rises.

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  1. 28 March, 11:05
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    Economies of scale involve decreasing Cost as output rises

    Economies of scale refer to the cost advantage that a huge Company usually get when they produce their goods in a massive amount

    By doing that, they decrease the goods' cost per unit by increasing the scale of the Fixed cost unit.

    This kind of technique also quite known as operational efficiency
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