Achieving Economies of Scale

Economies of scale economies of scale Economies of scale In economics, economies of scale means that when more units of a product are made at the same time, the cost it takes to produce a single the legend of white snake economy of scale, in economics, the relationship between the size of a plant or industry and the lowest possible cost of a product When a factory increases

kick off bet Economies of scale cause unit costs to decline as the number of units produced increases This occurs because fixed costs are spread over