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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?
Wiki User
∙ 9y ago
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.
Wiki User
∙ 9y ago
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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
How consumer product testing services use models to ensure the safety of the final products produce?
Models are used because working with and testing a model can be safer and less expensive than using the real thing.
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.
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.
How expensive is it to produce a Happy Meal at the food product cost value?
$2.54 usd
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?
What is the term used to describe the ability to produce a specific product more efficiently than any other nation?
Absolute Advantage
How would you describe our product to a new customer?
How would you describe a product to a new customer to Monsoon Accessorize
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.
Role of the department of trade and industries?
to supervise the 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.
What is the root word of reproduce?
produce or product
