What is meant by the economy of scale?
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What is meant by the economy of scale?
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Economies of scale refer to the cost advantages that a business or organization can achieve when it increases its level of production or output In oth...View the full answer
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Related Book For
Analysis Synthesis And Design Of Chemical Processes
ISBN: 9780134177403
5th Edition
Authors: Richard Turton, Joseph Shaeiwitz, Debangsu Bhattacharyya, Wallace Whiting
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