Examlex
What is the direct product of the base-promoted hydrolysis of an ester?
Economies of Scale
Benefits in expenses that companies gain because of their operational size, typically seeing a reduction in cost for each unit produced as the size of operations grows.
Economies of Scale
Businesses achieve cost savings from their large scale of operations, as the cost per unit produced decreases when the scale increases.
Purchasing Power
The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.
Economies of Scale
The cost advantage achieved when increasing the scale of production leads to a reduction in the average cost of each unit produced.
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