PLEASE HELP!!1 Describe the concept of economics of scale. How does it relate to productivity?

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asked Feb 21, 2023 86.7k views

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Dnyanesh M · Answer 1 · 2023-02-28T04:04:54+0000

Answer:

the phenomenon where the average costs per unit of output decrease with the increase in the scale or magnitude of the output being produced by a firm.

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PLEASE HELP!!1 Describe the concept of economics of scale. How does it relate to productivity?

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