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Mocha owns a coffee shop in New Cairo. After studying the market carefully, she decided to open another branch in Heliopolis and a third one
Mocha owns a coffee shop in New Cairo. After studying the market carefully, she decided to open another branch in Heliopolis and a third one in Sheikh Zayed district. Mocha was telling her friends: "I will keep opening more and more branches to take advantage of the economies of scale by spreading out my fixed costs as much as possible." Do you agree with Mocha's interpretation of what economies of scale is all about? If not, provide a better description for "economies of scale". Explain how economies of scale can be achieved by organizations. Also, highlight what would prevent economies of scale from occurring
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