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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.
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
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.
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
What are the sources of economies of scale?
The economies of scale attainable from large scale production fall into two categories. Internal and External.
What is the importance of economies of scale?
no
Do multibank holding companies have economies of scale?
Another important advantage that MBHCs have over individual banks is economies of scale
Define economies of scale and give two reasons why a firm may experience economies of scale?
Economies of scale are the money firm could save, when it expands itself. For example, if firm's average cost per 1 unit is 10 at the output of 100 unit and when it expands its output to 200 unit, the average cost per 1 unit drops to 8, then the firm enjoys economies of scale. So they occur, when a percentage increases equally in all inputs leads to a greater percentage change in output. Inputs are land, labour and capital and output are the goods and services the firm produces
What is internal economy of scale?
The difference between internal economy of scale and external economy of scale is that internal economies of scale come from within the business ; external economies come from or affect the world outside the business.
Write short notes on economies of scale and diseconomoies of scale?
Economies of scale refers to the increase in the firm's output in relation to a lesser application of factors/inputs which happen in the long run.
Implication of economies of scale?
any one??
