Which is a likely consequence of a company achieving economies of scale?

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Achieving economies of scale allows a company to lower the per-unit cost of production as it increases its output. This reduction in costs typically arises from spreading fixed costs over a larger number of units and utilizing more efficient production techniques and bulk purchasing of materials. As a result, the company can price its products more competitively while maintaining or even improving profit margins. This enhanced efficiency and lower cost structure strengthen the company's competitive position in the market, allowing it to better compete against rivals, attract more customers, and possibly expand its market share. Consequently, this improved competitive position is a direct result of successfully achieving economies of scale, making it a key benefit for businesses looking to grow and establish a solid foothold in their industry.

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