Economies of scale

• Economies of Scale is the reduction in per unit cost of production as more of an output is produced.

• The decrease in the marginal cost of production as a plant's scale of operations increases.

 Embedded terms in definition
 Related Terms
 Economies of scope
Scale enhancing
Scale in

<< Economic value added Economies of scope >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

Don't ever take a fence down until you know why it was put up. - Robert Frost (1874-1963)


Copyright 2009-2019 GVC. All rights reserved.