Why are producers interested in achieving an economy of scale

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asked Jul 2, 2020 165k views

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Tmadsen · Answer 1 · 2020-07-08T09:54:43+0000

Producers or companies seek an economy of scale because by doing so it tends to dominate the market for certain products. When this happens, a natural monopoly is created and profits are enhanced.

Why are producers interested in achieving an economy of scale

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