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. Person/organisation who claims an association to you or a network with which you are associated (i.e. recruiter who asks to join your Li..
1. To pinch pennies or spend carefully to save money. Sant, if you really want to Jew the dollar we can take the subway instead of a taxi...
1. The act of facebooking and youtubing at the same time. Often a form of procrastination used by students. The term originally came from a..