Contract manufacturers can provide the benefit of reducing the total costs resulting from economies of scale.

Name: Contract manufacturers can provide the benefit of reducing the total costs resulting from economies of scale.
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Question

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Contract manufacturers often have larger production capacities and are able to spread fixed costs over a larger volume of production, resulting in lower per-unit costs for the end client. This is known as economies of scale.

Contract Manufacturers Can Provide the Benefit of Reducing the Total