economies of scale
Economies of Scale and Size
Economies of scale refer to the notion that average cost falls as the firm expands Conversely, diseconomies of scale occur when expansion incurs increasing
Source: Internal economies of scale refer to the cost advantages a firm can achieve as a result of its own growth and expansion These cost 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
xpro88 เข้าสู่ระบบ In summary, internal economies of scale are firm-specific and result from actions taken by the firm itself, while external economies of scale The basic distinction is between technical economies of scale in production, and dynamic economies of scale in firm level activities such as management, R&D
