Economies Of Scale

What is Economies Of Scale?


1.

When cost of production per unit decreases, as production increases. The good effects of buying in bulk, up to a point.

We benefit from economies of scale at our timber plant.

See Kung-Fu Jesus


57

Random Words:

1. The ANC is a terrorist organisation that finally came to power in 1994 following a brutal bombing campaign which killed an estimated 20,..
1. The coolest person you will ever meet on the face of the earth. A sweet random little person whom everyone loves. This person has probl..
1. De-militarized zone. Area where no military activity should take place, thus also refers to peaceful urban areas away from drug-infeste..