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How did economies of sale impact industry the US?
politicts do
What are the differences between internal and external economies of scale?
AnswerEconomies of scal occurs when there is an increase in output as cost decreases. This means, as a company will have a better chance to decrease its costs. There are two ways of achieving this, internal and external economies of scale. Internal economies of scale occurs due to the change in size of an individual firm and are not dependant on the industry as a whole. This can be achieved in two ways. 1) Firm level 2) Plant level.External economies of scale occurs due to a growth in the industry as a whole. The individual firms need not grow, however the entire industry around them does.
What is the economies of scale?
Internal economies of scale arise when the cost per unit
When can an industry that enjoys economies of scale easily become a natural monopoly?
because average costs drop as production rises
Why can industry that enjoys economies of scale easily become a natural monopoly?
because average costs drop as production rises
How did economies of sale impact industry the US?
politicts do
What are the differences between internal and external economies of scale?
AnswerEconomies of scal occurs when there is an increase in output as cost decreases. This means, as a company will have a better chance to decrease its costs. There are two ways of achieving this, internal and external economies of scale. Internal economies of scale occurs due to the change in size of an individual firm and are not dependant on the industry as a whole. This can be achieved in two ways. 1) Firm level 2) Plant level.External economies of scale occurs due to a growth in the industry as a whole. The individual firms need not grow, however the entire industry around them does.
The impact assesmbly lines had on industry?
Assembly lines had a massive impact on industry. This is because it allowed for the making of goods on an unprecedented scale.
Of what significance is economies of scale in planning the establishment of commercial enterprise?
OF WHAT SIGNIFICANCE IS ECONOMIES OF SCALE IN THE ESTABLISHMENT OF COMMERCIAL ENTERPRISE?. economies of scale
What is the economies of scale?
Internal economies of scale arise when the cost per unit
Define economies of scale How does this relate to returns to scale Cite and briefly discuss the main determinants of economies of scale?
Cite and briefly discuss the main determinants of economies of scale.
When can an industry that enjoys economies of scale easily become a natural monopoly?
because average costs drop as production rises
Why can industry that enjoys economies of scale easily become a natural monopoly?
because average costs drop as production rises
What has the author Suilin Ling written?
Suilin Ling has written: 'Economies of scale in the steam-electric power generating industry'
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
What does the writer mean by diseconomies of sale?
Not profiting from economies of scale, because there are no economies of scale. That is meant by diseconomies of scale.
What are the sources of economies of scale?
The economies of scale attainable from large scale production fall into two categories. Internal and External.
