Economies of scale definition what are they?

The Advantages & Benefits of Economies of Scale economies of scale Business the financial advantages that a company gains when it produces large quantities of Click for English pronunciations, examples sentences, video betsoft For example, if the fixed cost to operate in the automotive industry is $100,000, then producing 100 cars instead of 5 cars represents a lower fixed cost per

biosoft Economies of scale are the savings that occur when an entity grows in size and can produce output more efficiently or at lower cost