1. Utilizing the following link, COVID-19, explain how COVID-19 procedures have inhibited firms' achievement of economies of scale, essentially hastening the onset of diseconomies of scale. First, explain how attempts at dealing with COVID-19 have resulted in less demand for a cadre of services such as airline travel, restaurants, barber shops, salons, and theme parks. Focus on the notion of "less quantity of output" and how that would inhibit the achievement of economies of scale. Secondly, explain what firms like the above are doing trying to save their businesses as they deal with the pandemic. Are these attempts at saving their businesses being successful? 
2. What would it take to rebuild economies of scale and the associated benefits? 

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During the COVID19 pandemic firms in various industries have faced significant challenges in achieving economies of scale due to the profound impacts of the crisis on consumer demand and operational e... View the full answer