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Economies of Scale- I don't understand how risk-bearing is an economie of scale and what is actually works, i don't understand much of the others either
risk bearing is basically that as a firm gets larger it will be able to take more risks on a product or idea as they have many other ideas/products to fall back on(they can spread the risk)
Economies of scale is when a business gets so big that it can pass products onto consumers at a lower price. These businesses are often monopolys. I don't know what risk bearing is sorry.