What is economies of scale?

economy of scale  The more the company can produce, ship, and sell, the more the costs of materials and labor decrease per unit So as economies of scale drive down the costs of Economic integration makes large-scale production possible, not only by widening the market for existing plants as well as new industries but also—as long as

Economies of Scale Examples Supermarkets are the most common example of economies of scale Since they buy goods in bulk, they avail discounts  The more the company can produce, ship, and sell, the more the costs of materials and labor decrease per unit So as economies of scale drive down the costs of

Economies and diseconomies of scale Economies of scale exist when long run average total This video looks at the concept os economies and diseconomies of scale! If you enjoyed the