0 évaluation0% ont trouvé ce document utile (0 vote)
13 vues3 pages
Economies of scale refer to cost advantages that businesses obtain due to expansion. As a business grows in size and output, its average costs per unit may fall due to factors such as fixed costs being spread out over more production, bulk purchasing discounts, and employees specializing roles. Reaching economies of scale helps businesses meet growing demand in a profitable manner by lowering average costs per unit.
Economies of scale refer to cost advantages that businesses obtain due to expansion. As a business grows in size and output, its average costs per unit may fall due to factors such as fixed costs being spread out over more production, bulk purchasing discounts, and employees specializing roles. Reaching economies of scale helps businesses meet growing demand in a profitable manner by lowering average costs per unit.
Economies of scale refer to cost advantages that businesses obtain due to expansion. As a business grows in size and output, its average costs per unit may fall due to factors such as fixed costs being spread out over more production, bulk purchasing discounts, and employees specializing roles. Reaching economies of scale helps businesses meet growing demand in a profitable manner by lowering average costs per unit.