economies of scale
Reading: Economies of Scale Microeconomics
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economies of scale Dan periodic table of elements
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Economies of scale refer to economic efficiencies that result from carrying out a process on a larger scale Scale effects are possible
In economies of scale, businesses can lower the average cost of production by making more of a product The company's economies of scale are derived from a unique ability to buy its merchandise in bulk, usually at significant discounts To do
ถ่ายทอด สด พรีเมียร์ ลีก วัน นี้ The basic distinction is between technical economies of scale in production, and dynamic economies of scale in firm level activities such as management, R&D Technical: the efficiency gains when a firm increases the scale of its operation yields lower costs per unit For example, buying a bigger factory will cost you