Economies of scale Definition

What Are Economies of Scale? economy of scale Internal Economies of Scale These are those which arise from the expansion of the plant size of the firm They are specific to the individual firm These are ketoprofen In economies of scale, businesses can lower the average cost of production by making more of a product

the lord of the rings 3 Risk-bearing economies of scale As a firm becomes larger, it's able to grow their product range This allows them to diversify their risk as they are not