economies of scale
- = scale effectReductions in the average cost of production, and hence in the unit costs, when output is increased. If the average costs of production rise with output, this is known as diseconomies of scale. Economies of scale can enable a producer to offer his product at more competitive prices and thus to capture a larger share of the market. Internal economies of scale occur when better use is made of the factors of production and by using the increased output to pay for a higher proportion of the costs of marketing, financing, and development, etc. Internal diseconomies can occur when a plant exceeds its optimum size, requiring a disproportionate unwieldy administrative staff. External economies and diseconomies arise from the effects of a firm's expansion on market conditions and on technological advance.
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economies of scale — scale effect Reductions in the average cost of production, and hence in the unit costs, when output is increased. If the average costs of production rise with output, this is known as diseconomies of scale. Economies of scale can enable a… … Accounting dictionary
economies of scale — pl.n. circumstances, conditions, etc. which encourage mass production of a commodity by lowering its unit cost as greater quantities are produced * * * … Universalium
Economies of scale — [ɪ kɔnəmɪz ɔv skeɪl, englisch], die Skalenerträge … Universal-Lexikon
economies of scale — pl.n. circumstances, conditions, etc. which encourage mass production of a commodity by lowering its unit cost as greater quantities are produced … English World dictionary
economies of scale — UK US noun [plural] business reductions in the cost of making and selling products that are made possible because a business is very large Thesaurus: discounts and price reductionssynonym units of moneyhyponym … Useful english dictionary
Economies of scale — The decrease in the marginal cost of production as a plant s scale of operations increases. The New York Times Financial Glossary * * * economies of scale economies of scale ➔ scale * * * The theory that it is cheaper and more efficient to… … Financial and business terms
economies of scale — Achievement of lower average cost per unit through increased production. Bloomberg Financial Dictionary The decrease in the marginal cost of production as a firm s extent of operations expands. Bloomberg Financial Dictionary * * * economies of… … Financial and business terms
Economies of Scale — Dieser Artikel wurde auf der Koordinationsseite des WiwiWiki Projekts gelistet um die Bearbeitung effektiver gestalten zu können. Bitte beteilige dich an der Diskussion. Als Skaleneffekt (Skalenertrag, Größenkostenersparnis, Economies of Scale)… … Deutsch Wikipedia
Economies Of Scale — The increase in efficiency of production as the number of goods being produced increases. Typically, a company that achieves economies of scale lowers the average cost per unit through increased production since fixed costs are shared over an… … Investment dictionary
economies of scale — N PLURAL Economies of scale are the financial advantages that a company gains when it produces large quantities of products. [BUSINESS] Car firms are desperate to achieve economies of scale … English dictionary