Examlex
When readers use the direct-access route to recognizing written words,
Internal Economies of Scale
cost advantages that a firm obtains due to expansion, leading to a decrease in the average cost per unit.
Plant
A facility where goods are produced or processed, also referring to the physical capital in production.
Firm
An organization that sells goods or services in order to make a profit.
Industry
The organized economic activity connected with the production, manufacture, or construction of goods and services.
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