economy of scale

economy of scale   Dan ufalofty

Effects of Economies of Scale on Production Costs It reduces the per unit fixed cost As a result of increased production, the fixed cost gets spread

This fall in average costs as output increases indicates that a business is benefitting from economies of scale This reduction in average costs is what gives Internal Economies of Scale · Specialization

pgzeed gold slot The meaning of ECONOMY OF SCALE is a reduction in the cost of producing something brought about especially by Economies of scale refer to the cost advantages a company gains with the increase in production This happens because production costs can now be spread over a