Why is multiplexing so cost-effective?

What is the reason of multiplexing so low on cost?
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"Multiplexing can be charge-effective as the increased your data price, the more price-good the actual transmittal ability."
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"Occasion-split multiplexing has developed into a price tag-effective technique that is not simply suited for trunk area build 'tween switch facilities nevertheless is nowadays also starting to be suited for nearby circuits towards the client. The fundamental user interface from the ISDN is definitely an demonstration of this kind of tendency. "
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