Economies Of Scale

What is Economies Of Scale?

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.

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Laiquendi

1. Green-elves, elves of Teleri origin who grew tired of the westward journey and wandered off by the wayside. They were at home in the wo..

Antisemite

1. 1) NOT one who hates Jews exclusively. An antisemite is one who hates people of Semetic languages - this includes Arabs, Arameans, Babyl..

Giptonite

1. A scallyfrom gipton (Leeds) who wears the same washed out tight blue jeans tucked into his cheap socks complete with the standard gipton..

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Economies Of Scale Edit Meaning