Economies of scale definition

What Are Economies of Scale? economy of scale Short-run average cost curves assume the existence of fixed costs, and only variable costs were allowed to change In sum, economies of scale refers to a spinsoft Economies of scale are the cost advantages that an enterprise gets when it increases the size of its operations

gate of olympus Economies of scale refer to the notion that average cost falls as the firm expands Conversely, diseconomies of scale occur when expansion incurs increasing