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2. You overheard Mr. John, the newlyhired marketing manager, saying: I think our company should take advantage of economies of scale by increasing output, thereby

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2. You overheard Mr. John, the newlyhired marketing manager, saying: "I think our company should take advantage of economies of scale by increasing output, thereby spreading out our overhead fixed costs\". Would you agree with this statement? If not, provide a better description for "economies of scale\". Explain how they may he achieved by organizations. Highlight what would prevent them to occur

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