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Economies of Scale

00h 07m (1 section)

Course Description

What are the benefits of growing larger as a business?

One major benefit is the reduction in costs through economies of scale. Economies of scale can give growing companies a competitive advantage by taking advantage of efficiencies gained through increasing production volume.

In this course, learn how this occurs, the limits of such benefits, and alternative ways companies can reduce costs per unit and increase profitability.

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