SHAWORDS
Economies of scale

Economies of scale

Economies of scale

Economies of scale

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In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of cost. A decrease in cost per unit of output enables an increase in scale that is, increased production with lowered cost. The basis of economies of scale may be technical, statistical, organizational or relate

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