economy of scale
Economies of Scale Definition
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Economies of scale serve as a potent tool for firms to gain cost advantages and expand their market presence The benefits include reduced per-
Economies of scale happen when a company can produce more products for a lower average cost per product in the long run As a company's output Economies of scale have been at the heart of developments in economic theory in the past two decades Breakthroughs in the field of industrial
ของ ฝาก จาก นิวซีแลนด์ INTERNAL ECONOMIES: This happens when better use is made in factors of production within the firm and by increasing output the factors in the internal economies External economies of scale External economies of scale result from external factors outside the company's control, such as the industry,