1. Choose one public company you feel benefits from economies of scale Please describe how / why you believe they benefit from economies of scale? How do you feel this affects their competition? Either other large firms or their small firms. Please provide one example. 2. Do you have any experience - either personally or professionally - where economies of scale applies to you? Please describe with at least one example. For example, you may purchase certain goods at the lowest cost possible, which is likely priced due to a company with the significant economies of scale. Can you think of a smaller firm with less economies of scale that competes to sell a similar product? Are there some goods you'd prefer to pay more for a relatively identical product.