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Purchasing Economies - Bulk buying lowers the unit price, Financial Economies - Easier to raise capital as easier to borrow; risk spread over more products; potential finance from retained profits., Managerial Economies - Attracts specialist/top managers., Marketing Economies - Where a business can advertise a Brand rather than individual products or services. This means the price per unit for advertising falls, Technical Economies - Investing in new production machinery that allows products to be produced quicker, Economies of Scale - Where the average running costs per unit fall as the Business grows larger,

NCFE - Economies of Scale

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