what are the advantages of large scale industries ????
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The benefits of large-scale business. ... As some firms grow in size their unit costs begin to fall because of: Purchasing economies when large businesses often receive a discount because they are buying in bulk. Marketing economies from spreading the fixed cost of promotion over a larger level of output.
anjali326:
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"Advantage or merits of large scale production. .....latest machinery :organization engaged in large scale production invest in the latest machinery. These machines are able to produce better quality product in large quantities since they operate at high speeds, they are able to produce in very short time. "
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