Chapter 31 – Economies of scale

Chapter 31 – Economies of scale economies of scale Summary · External economies of scale refer to factors that are beyond the control of an individual firm, but occur within the industry, and lead to a cost pg soft login 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

pg soft login Economies of scale often refer to the reduction in average total costs for a firm producing a single product for a given scale of plant due to the decline in

microsoft teams วิธีใช้ Historically, regulated utilities and auto manufacturers have enjoyed substantial and stable economies of scale Today, software companies and 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