The long run phenomena of economies of scale describes as the reduction in long-run average cost and
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The long run phenomena of economies of scale describes as the reduction in long-run average cost and hence, in efficiency sourced to increase in firm's scale of operation. Discuss whether long-term phenomena of economies of scale have any relevance to Walmart.
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The longrun phenomena of economies of scale are highly relevant to Walmart Walmart is one of the largest retail companies in the world known for its extensive scale of operations and widespread presen... View the full answer
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