define
1.Economics of large scale
2.Easy identification
Answers
Answered by
1
1 When more units of a good or a service can be produced on a larger scale, yet with
fewer input costs,economies of scale are said to be achieved. Alternatively, this means that as a company grows and production units increase, a company will have a better chance to decrease its costs.
fewer input costs,economies of scale are said to be achieved. Alternatively, this means that as a company grows and production units increase, a company will have a better chance to decrease its costs.
Similar questions