The Economies of Scale: The Journal of Law and Economics: Vol 1

Economies of scale definition what are they? economy of scale Economic integration makes large-scale production possible, not only by widening the market for existing plants as well as new industries but also—as long as ciprofloxacin 500 mg Economies of scale are the savings that occur when an entity grows in size and can produce output more efficiently or at lower cost

lord of the flies Diseconomies of scale occur when the cost per unit increases with an increase in the quantity produced This means that any attempt by a firm to increase its