The ability of Intel to spread product development cost over a larger number of units of output arises from economies of scale.
When more units of a good or service can be produced on a larger scale, yet with (on average) fewer input costs, economies of scale are said to be achieved. When more units of a good or service can be produced on a larger scale, yet with (on average) fewer input costs, economies of scale are said to be achieved. Supermarkets can benefit from economies of scale because they can buy food in bulk and get lower average costs
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