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What is economic of sales?

Updated: 8/22/2023
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13y ago

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Economies of scale are factors which cause the average cost of production to decrease as the volume of its output is increased. It has two types: the internal and external factors.

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9y ago
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13y ago

Economies of scale are the factors that lead to a reduction in average costs as a business increases in size

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Q: What is economic of sales?
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