dido:public:ra:xapend:xapend.a_glossary:e:economyofscale
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dido:public:ra:xapend:xapend.a_glossary:e:economyofscale [2020/11/16 21:15] nick created |
dido:public:ra:xapend:xapend.a_glossary:e:economyofscale [2021/10/03 19:54] (current) 51.222.253.20 ↷ Links adapted because of a move operation |
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| ===== Economies of Scale ===== | ===== Economies of Scale ===== | ||
| - | [[dido:public:ra:xapend:xapend.a_glossary | Return to Glossary ]] | + | [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] |
| **Economies of Scale** are cost advantages reaped by companies when production becomes efficient. Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods. Costs can be both fixed and variable. | **Economies of Scale** are cost advantages reaped by companies when production becomes efficient. Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods. Costs can be both fixed and variable. | ||
dido/public/ra/xapend/xapend.a_glossary/e/economyofscale.1605579349.txt.gz · Last modified: 2020/11/16 21:15 by nick
