Explain reasons behind the capitalistic tendency toward large firms with market power
-What are economies of scale? Give an example of how the cost per unit of production could be cheaper when many units rather than just a few are produced.

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The Answer of Explain reasons behind the capitalistic tendency toward large firms with market power
-What are economies of scale? Give an example of how the cost per unit of production could be cheaper when many units rather than just a few are produced.

Explain Reasons Behind the Capitalistic Tendency Toward Large Firms with Market