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Identify and Discuss Two Factors from Which Economies of Scale

question 21

Essay

Identify and discuss two factors from which economies of scale arise.


Definitions:

Written Up

The act of formally recording a problem, complaint, or infraction in writing.

Reflection of Feelings

The practice of expressing back the emotions a speaker appears to be conveying, allowing them to explore these emotions further.

Company

A company is a legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise.

Budget Cutbacks

Reductions in the planned spending of a government, organization, or individual, usually to align expenses with available resources or revenues.

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