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    Australian Airline Industry Assignment Help UK

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    Australian Airline Industry Assignment Help UK


    Economies of scale are referred to as cost advantage which arises from increase in the level of output. It mainly refers to carrying out of production activities at a low level of cost involved. Such economies of scale arise mainly owing to the prevalence of inverse relation between fixed costs per unit and the quantity of goods produced. The economies of scale are also capable of reducing the amount of variable costs per unit owing to synergies and the efficiencies with respect to operations involved (Checherita-Westphal and Rother, 2016).

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