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Essay text:
This is because McDonalds hamburgers and French fries share the use of food storage, preparation facilities, and so forth during production. Another example is a company such as Proctor & Gamble, which produces hundreds of products from razors to toothpaste. They can afford to hire expensive graphic designers and marketing experts who will use their skills across the product lines. Because the costs are spread out, this lowers the average total cost of production for each product. When more units of a good or a service can be produced on a larger scale, yet with (on average) less input costs, economies of scale (ES) are said to be achieved...
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Common topics in this essay:
- Economy Of Scale
- External and Internal Factors
- External and Internal Factors
- External and Internal Factors: AT&T
- External/Internal Factors
- External/Internal Factors
- External/Internal Factors
- External/Internal Factors
- economies of scale
- Internal And External Factors
- Internal and External Factors of Management
- Internal and External Factors
- Internal And External Beauty
- Internal-External Relations
- internal and external factors
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