ADVANTAGES that an enterprise obtains DUE to EXPANSION. Economies of scale is a long RUN CONCEPT and refers to reductions in unit cost as the size of a facility and the usage levels of other inputs increase.

"> ADVANTAGES that an enterprise obtains DUE to EXPANSION. Economies of scale is a long RUN CONCEPT and refers to reductions in unit cost as the size of a facility and the usage levels of other inputs increase.

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Economies of Scale means reduction in

Economics Economics miscellaneous in Economics 4 months ago

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In microeconomics, economies of scale are the cost ADVANTAGES that an enterprise obtains DUE to EXPANSION. Economies of scale is a long RUN CONCEPT and refers to reductions in unit cost as the size of a facility and the usage levels of other inputs increase.

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Posted on 09 Jun 2025, this text provides information on Economics related to Economics miscellaneous in Economics. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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