What Are Economies of Scale?
The two concepts economies of scale and economies of size describe what happens to production or costs when the size of the firm changes
What is Economies of Scale? economies of scale The two concepts economies of scale and economies of size describe what happens to production or costs when the size of the firm changes kick off bet 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
ดาวน์โหลด microsoft office ฟรี ถาวร In most perfectly competitive models, it is assumed that production takes place with constant returns to scale This means that the unit
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