Meaning Economies of scale
What does Economies of scale mean? Here you find 33 meanings of the word Economies of scale. You can also add a definition of Economies of scale yourself

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Economies of scale


In manufacturing, the more units being made the cheaper each unit costs to produce.
Source: businessballs.com

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Economies of scale


Economies of scale refers to the phenomenon where the average costs per unit of output decrease with the increase in the scale or magnitude of the output being produced by a firm. Similarly, the oppos [..]
Source: stats.oecd.org

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Economies of scale


A situation in which average costs per unit of good or service produced fall as volume rises. In reference to mergers, it is the savings achieved through the consolidation of operations and eliminatio [..]
Source: cfainstitute.org

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Economies of scale


The savings derived from producing a large number of units-e.g., in a situation in which all inputs are doubled, output may be more than doubled.
Source: ama.org

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Economies of scale


The de-cline in per unit product costs as the absolute volume of production per period increases.
Source: ama.org

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Economies of scale


Increasing returns to scale.
Source: www-personal.umich.edu

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Economies of scale


The benefits that come from having large or very large operations.  In economics, the term means the reduction in a producer's average cost per unit that results from having large output compare [..]
Source: cips.org

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Economies of scale


Declining long-run average cost that occurs as a firm increases all inputs and expands its scale of production. This is graphically illustrated by a negatively-sloped long-run average cost curve and t [..]
Source: glossary.econguru.com

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Economies of scale


lower per unit costs achieved by large-scale output. Two kinds:
Source: itseducation.asia

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Economies of scale


Achieving lower average cost per unit through a larger scale of production.
Source: eximguru.com

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Economies of scale


Attempts to reduce costs by increasing the number of items produced and sold or reducing the number of competing institutions.
Source: teach-nology.com

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Economies of scale


When running a growing business, it's important to understand the economies of scale definition and what it takes to achieve them.Think about a small business that sells a product and compare it [..]
Source: bankrate.com

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Economies of scale


savings made as a result of large-scale production, through buying in bulk, division of labour etc.
Source: geographyfieldwork.com

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Economies of scale


Savings made by buying or producing goods in large quantities (bulk)
Source: hsc.csu.edu.au

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Economies of scale


A decrease in unit costs because of the volume.
Source: leememorial.org

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Economies of scale


Cost reductions or productivity efficiencies achieved through size-increase. The outcome is a decrease in the unit cost of production associated with increasing output.
Source: people.hofstra.edu

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Economies of scale


Factors that cause the average cost of a commodity to fall as the scale of output increases. There are two main types: external economies of scale and internal economies of scale. A crucial part of Fo [..]
Source: thebicyclingguitarist.net

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Economies of scale


Theory that the more you produce of a good or service, the less it costs for each additional unit, i.e. efficiency.
Source: nonprofitfinancefund.org

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Economies of scale


The unit cost of an activity declines when the activity is extended (e.g., more units are produced).
Source: climatehotmap.org

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Economies of scale


Economies of scale refer to economic efficiencies that result from carrying out a process on a larger scale. Scale effects are possible because in most production operations fixed and variable costs a [..]
Source: definitions.uslegal.com

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Economies of scale


If all the inputs in a production process are increased and the output increases by proportionately more than the inputs were increased, economies of scale are being realized. There may also be diseco [..]
Source: homes.chass.utoronto.ca

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Economies of scale

Source: cleanenergyresourceteams.org

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Economies of scale


In comparing changes in average cost with increasing output, economies of scale exist if average cost decreases with increased output (also known as increasing returns to scale).
Source: its.uci.edu

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Economies of scale


A condition achieved when costs are reduced due to operation or output at a higher volume. For services, there may be economies of scale in delivering to a larger number of customers, allowing fixed c [..]
Source: greatriverenergy.com

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Economies of scale


Lower average total cost achieved as a result of higher output levels.
Source: pppknowledgelab.org

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Economies of scale


Benefits of mass production.
Source: lionsmart.com

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Economies of scale


The reduction in cost per unit that results from increased production, achieved through operational efficiencies.
Source: aviva.com

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Economies of scale


Achieving lower average cost per unit through a larger scale of production. This is achieved by spreading fixed cost over a greater amount of production.
Source: globaledge.msu.edu

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Economies of scale


Economies of scale is a concept for reducing a company's costs. As such, the aim is to reduce costs by increasing the number of units of a service or product. For example, the production costs drop if a company produces 100,000 tennis balls a day instead of 100.
Source: dpdhl.com

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Economies of scale


Economies of scale exist where the industry exhibits decreasing average long run costs with size.
Source: spectraenergy.com

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Economies of scale


Declining long-run average cost that occurs as a firm increases all inputs and expands its scale of production. This is graphically illustrated by a negatively-sloped long-run average cost curve and t [..]
Source: amosweb.com

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Economies of scale


Usually one says there are economies of scale in production of cost per unit made declines with the number of units produced. It is a descriptive, quantitative term. One measure of the economies of sc [..]
Source: econport.org

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Economies of scale


See increasing returns to scale
Source: econport.org

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