economy of scale
Economies of Scale and Economic Integration in
Economies of scale cause unit costs to decline as the number of units produced increases This occurs because fixed costs are spread over
Quick Reference Reductions in the average cost of production, and hence in the unit costs, when output is increased If the average costs of production rise Economies of Scale occur when the production costs on a per-unit basis decline as the output increases, resulting in cost savings and higher profit margins
ตาคะแนนพรีเมียร์ลีก What is economies of scale? Economies of scale refer to the cost advantages that businesses can achieve as they increase production and expand their operations Business the financial advantages that a company gains when it produces large quantities of Click for English pronunciations, examples sentences, video
