Describe the concept of 'Economies of Scale' in business and provide an example illustrating its application. Warning:

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Describe the concept of 'Economies of Scale' in business and provide an example illustrating its application. Warning: Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave 30 dislikes for you.

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Describe the concept of 'Economies of Scale' in business and provide an example illustrating its application. Warning:

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