ECO401 GDB Solution
This scenario explaining about how can achieve Economies of scale. EOS means to get maximum profit, reduce average cost (or per unit cost). As the policies is concerned due to global dilemma of covid measures taken by Pakistan are very beneficial for all three industries of Pakistan . Working on New dams will be helpful to overcome energy crisis. Therefore, such project must be under the direct supervision of PM which is strongly needed. second Progress in making new laws about foreign affairs and money laundering is a positive sign for current account surplus which will ultimately strengthen economy and reduction in average cost. Encouraging export is also one of key indicator in playing role for reduction of average cost. Home market for raw material as Pakistan is home for raw material for textile it is biggest advantage for lower cost of input which leads to less per unit cost. etc
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