What term is used to describe Walmart's ability to purchase more advertising space at a lower cost per ad?

Name: What term is used to describe Walmart's ability to purchase more advertising space at a lower cost per ad?
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Economies of scale refers to the cost advantages that businesses obtain due to their size, output, or scale of operation. In Walmart's case, their large size allows them to purchase more advertising space at a lower cost per ad, which is an example of economies of scale.

What Term Is Used to Describe Walmart's Ability to Purchase