Economies of scale: Difference between revisions
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imported>Doug Williamson (Expand and add link.) |
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A decrease in production costs per unit as a result of increasing production output. | A decrease in production costs per unit as a result of increasing production output. | ||
2. | |||
Cost savings per unit of production in larger organisations, resulting from the relatively larger size of the organisation. | |||
== See also == | == See also == | ||
* [[Barriers to entry]] | * [[Barriers to entry]] | ||
* [[Diseconomies of scale]] | |||
* [[Monopoly]] | * [[Monopoly]] | ||
Revision as of 21:06, 13 July 2016
1.
A decrease in production costs per unit as a result of increasing production output.
2.
Cost savings per unit of production in larger organisations, resulting from the relatively larger size of the organisation.
