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Is there a term to describe industries where it is more expensive per unit to produce a large number of a product than it is to produce a small number?
The term for industries where it is more expensive per unit to produce a large number of a product than it is to produce a small number is "diseconomies of scale." Firms with diseconomies of scale have a decrease in efficiency as they increase production. Businesses that do not require expensive technology, but require close personal supervision to be successful, may suffer an increase in the cost per item produced if they increase production past a certain point. In other words, there is a "diseconomy" to increasing production.
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Is there a term to describe industries where it is more expensive per unit tp produce a large number of product than it is to produce a small number?
The term for industries where it is more expensive per unit to produce a large number of a product than it is to produce a small number is "diseconomies of scale." Firms with diseconomies of scale have a decrease in efficiency as they increase production. Businesses that do not require expensive technology, but require close personal supervision to be successful, may suffer an increase in the cost per item produced if they increase production past a certain point. In other words, there is a "diseconomy" to increasing production.
Total cost of goods sold per unit consists of?
how much it will cost to produce and send out the product. It is usually more expensive to do this by unit than as a whole.
How is the price affecting the demand and supply in the communities?
We can't be very specific since you have not told us which product you are asking about, however, in general, higher prices lead to less demand and more supply. People become more reluctant to buy a product as it becomes more expensive, and people are more willing to produce a produce as it becomes more profitable.
What happens to supply when input cost go up?
it decreases bc consumers find a substitute product
What is the name of the money paid by a government or organisations to make a product cheaper to buy or produce?
The money paid by a government or organization to make a product cheaper to buy or produce is called a "subsidy." Subsidies can take various forms, such as direct financial assistance, tax breaks, or grants, and are often used to support specific industries, promote economic growth, or encourage certain behaviors among consumers and producers.
Is there a term to describe industries where it is more expensive per unit tp produce a large number of product than it is to produce a small number?
The term for industries where it is more expensive per unit to produce a large number of a product than it is to produce a small number is "diseconomies of scale." Firms with diseconomies of scale have a decrease in efficiency as they increase production. Businesses that do not require expensive technology, but require close personal supervision to be successful, may suffer an increase in the cost per item produced if they increase production past a certain point. In other words, there is a "diseconomy" to increasing production.
How expensive is it to produce a Happy Meal at the food product cost value?
$2.54 usd
What industries make use of a gas purifier for production their wares?
Companies such as those that produce ammonia use gas purifiers to help produce their product. Other industries such as those producing chemical and analytical instruments.
Why is it more expensive to use shielded cable?
Manufacturing shielded cable is more expensive to produce than others types of wiring. This extra cost will be passed on to the consumer of the product.
Your product is expensive and unsatisfactory?
What product?
How would you describe our product to a new customer?
How would you describe a product to a new customer to Monsoon Accessorize
How many types of Small Scale Industries?
Ancillary Industries: Ancillary industries produce parts for other producers. The finished item is then put together by these producers. Large corporations produce final things, but they don’t always produce every component in-house. These large companies’ vendors come from peripheral sectors. Village Industries: When an SSI is founded in a rural region and does not belong to the organized sector, it is referred to as a village industry. Usually, the only labor used in these businesses is human labor. Manufacturing Industries: The manufacturing sectors produce completed commodities that are either consumed or utilized for additional processing. Food processing facilities, power looms, engineering facilities, etc. are a few instances of these SSIs. Service Industries: Industries that rely on services don’t produce any form of goods. They offer post-purchase services such as product maintenance, repair, and upkeep.
What is the term used to describe the ability to produce a specific product more efficiently than any other nation?
Absolute Advantage
Why is tourism a smokeless industry?
Industries are the production of services within an economic structure, most of these services produce solid goods which create pollution or smoke. Tourism is referred to as a smokeless industry because as a service industry it is not making or manufacturing an actual product.
What is the difference between product and produce?
produce is used in agriculture product is used in manufacturing
Total cost of goods sold per unit consists of?
how much it will cost to produce and send out the product. It is usually more expensive to do this by unit than as a whole.
Role of the department of trade and industries?
to supervise the product
