Theory Of Production Pdf 126475

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Economies of scale Economies of scale are the cost advantages that a business obtains due to expansion. When economists are talking about economies of scale, they are usually talking about ...

Filetype PDF | Posted on 12 Oct 2022 | 2 years ago

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...Economies of scale are the cost advantages that a business obtains due to expansion when economists talking about they usually internal these gained by an individual firm increasing its size i e having larger or more plants effects on production costs it reduces per unit fixed as result increased gets spread over output than before variable bring down this occurs expanded increases efficiency process what diseconomies disadvantages being too large operation point where encounters rising long run average is said be experiencing types lower resulting from growing in refer unique for instance may hold patent mass machine which allows other firms industry external faced entire suppose government wants increase steel order do so announces all producers who employ workers will given tax break and higher arising thus employing less can potentially their example economy one affects sector buying selling managerial financial technical research development risk bearing best known type buy raw ma...

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Category: Uncategorized / Uncategorized
Posted on: 12 Oct 2022 | 2 years ago
Tag: download pdf, economics, scale,
Filetype: PDF
File size: 0.09 MB
Views: 149x
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