gisellefhoney7708 gisellefhoney7708
  • 23-01-2020
  • Business
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_____________ - a term referring to the fact that for many goods, as the level of production increases, the average cost of producing each individual unit declines.

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Karabo99
Karabo99 Karabo99
  • 24-01-2020

Answer:

Economies of scale

Explanation:

As the production increases, the cost per unit of a single product type decreases.

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