By developing , a company can reduce its production costs if it can purchase raw materials in bulk; the average cost of goods goes down as production levels increase.

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By developing, a company can reduce its production costs if it can purchase raw materials in bulk; the average cost of goods goes down as production levels increase: economies of scale

Raw materials are materials or substances used inside the number one production or production of products. Raw materials are commodities that are bought and bought on commodities exchanges globally.

Raw materials are the input goods or inventory that a corporation needs to fabricate its materials. A raw material or feedstock is the basic material from which a product is manufactured or made, frequently used with an extended meaning.

Raw materials example

  • Palm oil.
  • Soya.
  • Coffee
  • Wood and paper.

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