Chapter 31 – Economies of scale

Economies of Scale economy of scale

Economies of scale provide larger companies with a competitive advantage over smaller ones, because the larger the business, the lower its per-unit costs

treasures of aztec In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the This video looks at the concept os economies and diseconomies of scale! If you enjoyed the Economies of scale are cost advantages reaped by companies when production becomes efficient Companies can achieve economies of scale by increasing

เรวัตตะ Source: Internal economies of scale refer to the cost advantages a firm can achieve as a result of its own growth and expansion These cost