Question

Economies of scale involve decreasing as output rises.

Answer 1

Economies of scale involve decreasing Cost as output rises

Economies of scale refer to the cost advantage that a huge Company usually get when they produce their goods in a massive amount

By doing that, they decrease the goods' cost per unit by increasing the scale of the Fixed cost unit.

This kind of technique also quite known as operational efficiency

Answer 2

Economies of scale involve decreasing Cost as output rises

Economies of scale refer to the cost advantage that a huge Company usually get when they produce their goods in a massive amount.By doing that, they decrease the goods' cost per unit by increasing the scale of the Fixed cost unit.

Explanation:

Economies of Scale point to the cost advantage encountered by a firm when it raises its level of output. The interest arises due to the inverse correlation between per-unit established cost and the quantity produced. The larger the quantity of output generated, the lower the per-unit hardened cost.