Question

Discuss Economies of Scale

Answer 1

HEY MATE HERE IS UR ANSWER

ECONOMIES OF SCALE IS THE COMPETITIVE ADVANTAGE THAT LARGE ENTITIES HAVE OVER SMALKER ONES. THE LARGER THE BUSINESS, NON-PROFIT, OR GOVERNMENT THE LOWER ITS PER-UNIT COSTS.

when more units of a good or a service can be produced on a larger scale , yet with (on average) fewer input costs, economies of scale are said to be achieved.


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MARK AS BRAINLIEST

Answer 2

hey there !!

In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Economies of scale is the competitive advantage that large entities have over smaller ones. The larger the business, non-profit, or government, the lower its per-unit costs. It can spread fixed costs, like administration, over more units of production.

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