What are Economies of Scale?

Economies of scale and the form of the production function;: An economy of scale

In economies of scale, businesses can lower the average cost of production by making more of a product

oofos Business the financial advantages that a company gains when it produces large quantities of Click for English pronunciations, examples sentences, video  Studies of selected mineral industries, 239  Economies of scale happen when a company can produce more products for a lower average cost per product in the long run As a company's output

โต โย ต้า พัทลุง In short, you get more for your money when your organization achieves economies of scale So, while you may incur initial extra costs by investing in new