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Economies of Scale: Question 44 options: Can present special challenges due to the nature of services. Occurs when a business expands so much that the
Economies of Scale: Question 44 options: Can present special challenges due to the nature of services. Occurs when a business expands so much that the costs per unit increase. An operation in a sequence of operations whose capacity is lower than that of the other operations. Where the average costs per unit of output decreases with the increase in the magnitude of the output being produced. Are costs that increase stepwise as the range of output increases
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