Economies of scale most often occur in industries whose initial fixed cost of plant and equipment is low.

Name: Economies of scale most often occur in industries whose initial fixed cost of plant and equipment is low.
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Economies of scale occur in industries where there are high fixed costs associated with plant and equipment. As production increases, the average fixed cost per unit decreases, leading to lower overall costs and higher efficiency.

Economies of Scale Most Often Occur in Industries Whose Initial