___________are cost savings that result when goods and services are produced in large volume on automated production lines.

Name: ___________are cost savings that result when goods and services are produced in large volume on automated production lines.
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Economies of scale refer to the cost advantages that enterprises obtain due to the scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output.

___________Are Cost Savings That Result When Goods and Services Are