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Practice Speaking: Read Aloud
ID: #47034
Long Economies of Scale
Instructions
Look at the text below. In 40 seconds, you must read this text aloud as naturally and as clearly as possible. You have 40 seconds to read aloud.
If countries can specialize in certain goods they can benefit from economies of scale and lower average cost. This is especially true in the industry with high fixed costs or that require a high level of investment. The benefits of the economy of scale will ultimately lead to lower prices for consumers and greater efficiency for exporting firms.
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