true
The economies of scale attainable from large scale production fall into two categories. Internal and External.
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about Economies of large scale production
keep fixed cost low
In a dictatorship most decisions are still taken by ordinary people. Even decisions involving the use of large expenditures of resources can still be taken by individuals who have been nominated by the dictator. Furthermore, the dictator is usually influenced in decision making by individuals with whom they are closely associated. However, ultimately decisions about large investments are directions are taken by the dictator.
the most efficient use of resources in producing what people want
The economies of scale attainable from large scale production fall into two categories. Internal and External.
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large firm means when a business has expand in order to benefit from economies of scale
An autobiography is a written account of one's own life. If I were to write an autobiography of Bribe, I would narrate its journey from its origins in corrupt practices to its controversial role in influencing decisions and actions through unethical means. I would explore the impact and consequences of Bribe on individuals and society at large.
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Large businesses have a significant impact on economies, employment, innovation, and societal development. They often play crucial roles in various aspects: Economic Impact: Large businesses contribute significantly to a country's economy by generating substantial revenue, paying taxes, and contributing to GDP growth. Employment Opportunities: They create numerous job opportunities, offering employment to a large workforce across different sectors and skill levels.
about Economies of large scale production
keep fixed cost low
The Old World was negatively impacted by New World silver. The large amounts of the silver being sent back were so large that the prices of items rose but the value of silver decreased, causing people to be unable to afford anything.
The impact of the legal environment in global marketing is very large. International laws are consistently restructuring to fit into the constant growth of global marketing. The legal environment has an impact on product and pricing decisions, distribution of products, promotions, market research, as well as currency and payments.