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- please draw the graph on paper! please draw the graph on paper! do not type the graph!so that I can understand how the graph looks like. thank you very muchEconomics Question: Explain the concept of "economies of scale." How does it influence a firm's production costs, and what are the key factors that contribute to economies of scale? Don't use chatgpt please provide valuable answer otherwise be ready for disupvoteHello. Could you also please include the graph how is it changed?
- The following question that I posted is considered as a one question. Problem is that its long and that's why I split it into two different ScreenShots so you can see the graphs easily.3. What are the 2 variables that the Production Function is analyzing/graphing? Why does the production function diminish over time?Do it all in sheet as well graph also in sheet