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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Univeter

1. (Coined by Mr. Martin and Mr. Ellis of the Woodstock High School and Midle School chorus programs) a singer in a chorus who continually..

W3rk

1. The place you go in order to save up money to buy the sword that you plan to use to kill your boss. Only three more days of w3rk my fri..

Masturbaction

1. describing an act intended to make a statement, usually political, that serves only to inflate the ego of the participant(s), often ulti..

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Economies Of Scale Edit Meaning