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There are several reasons why mass-production is cheaper. The first is that more products can be made in the same amount of time as producing the products individually.

An example is how the LEGO company produces Lego bricks. The first bricks were handmade, resulting in more money spent paying the people who manufactured the parts. Later on, the bricks were made in molds robotically turning out large quantities of bricks every hour. a single production room can make tens-of-thousands bricks a day with only three people monitoring production.

Another example is the assembly line invented by Henry Ford. Up until the assembly line was produced, all cars were made by three or four people taking several hours or days to make one car. When Ford invented the assembly line, a car could be made in just over an hour.

Another advantage of mass assembly is that the human workers do not typically have to be trained professionals (which require higher pay).

Additionally, with mass-production, more products can be presented to your buyers in a shorter amount of time.

In closing, mass production is a cheaper, faster way to make identical products. One note is though while it is cheaper to mass produce, complex products are more durable when hand-made made, compare an ordinary car to a Bentley or a Rolls Royce.

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