Economies of scale involve decreasing as output rises
Asked by maham237 @ in Social Studies viewed by 221 People
Answered by maham237 @
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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