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How does increase in productivity result in decrease in cost of production? please give me a simple answer
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16 votes
16 votes
How does increase in productivity result in decrease in cost of production?

please give me a simple answer

User YusuMishi
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1 Answer

7 votes
7 votes

Answer:

Step-by-step explanation:

say you buy a machine that cost 1 million dollars. The more products you produce with that machine, the cheaper the production cost is.

User Ayman Salah
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