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economies of scale

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Economies of Scale

Economies of Scale   Reference library

The Oxford Encyclopedia of Economic History

Reference type:
Subject Reference
Current Version:
2005
Subject:
Social sciences, Economics
Length:
1,294 words

A technology may be characterized as exhibiting economies of scale, or increasing returns to scale, if a proportionate increase in ...

economies of scale

economies of scale   Reference library

Dictionary of the Social Sciences

Reference type:
Subject Reference
Current Version:
2002
Subject:
Social sciences
Length:
142 words

A situation in which the average cost of production decreases as production increases. Large fixed costs, such as factories, are ...

economies of scale

economies of scale   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

The reduction in average costs of undertaking an activity from increased size or level of production. ...

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