Using the data in Table 1, explain how there are economies of scale in the global production of solid-state aircraft batteries.

Table 1: Global production of solid-state aircraft batteries

• 2021: Output of 8 GWh, Average Cost of $310 per kWh
• 2026 (estimate): Output of 35 GWh, Average Cost of $160 per kWh
• 2031 (estimate): Output of 80 GWh, Average Cost of $85 per kWh