Search results
Results from the WOW.Com Content Network
Economies of scale is related to and can easily be confused with the theoretical economic notion of returns to scale. Where economies of scale refer to a firm's costs, returns to scale describe the relationship between inputs and outputs in a long-run (all inputs variable) production function.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Donate
As with returns to scale, economies of scale may apply over a region. If a mill is operating below capacity then it will offer positive economies of scale, but as it approaches capacity the economies will become negative. Economies of scale for the firm are important in influencing an industry's tendency to concentrate in the direction of ...
For example, if there are increasing returns to scale in some range of output levels, but the firm is so big in one or more input markets that increasing its purchases of an input drives up the input's per-unit cost, then the firm could have diseconomies of scale in that range of output levels.
This page was last edited on 1 July 2010, at 03:22 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply ...
Image credits: forever_cat_lady However, if people manage to look after their dog, they can also start teaching their kids about the benefits of having a pet. Writing in the journal Nature ...
Former Rep. Lee Zeldin, Trump's pick to lead the EPA, made $186,000 from paid op-eds and speeches. Some of those op-eds criticized climate policies and ESG.
Huawei Technologies asked a U.S. judge to dismiss much of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from U.S. rivals and misleading ...