The predominance of large companies in most manufacturing industries is mainly the result of economies of scale.

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Economies of scale refer to the cost advantages that come with increased production, which large companies can achieve more easily than smaller ones. As a result, they are often able to produce goods more efficiently and at a lower cost, giving them a competitive advantage in the marketplace. This often results in smaller companies being unable to compete effectively and being forced out of the market, leading to the predominance of large companies in many industries.

The Predominance of Large Companies in Most Manufacturing Industries Is