Difference between revisions of "Economies of Scale"
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| − | [[Economies of Scale]] is the | + | [[Economies of Scale]] is the reduction in per-unit costs as volume increases. |
==Definition== | ==Definition== | ||
According to the [[Strategic Management by Parnell (4th edition)]], | According to the [[Strategic Management by Parnell (4th edition)]], | ||
| − | :[[Economies of Scale]]. The | + | :[[Economies of Scale]]. The reduction in per-unit costs as volume increases. |
[[Category: Strategic Management]][[Category: Articles]] | [[Category: Strategic Management]][[Category: Articles]] | ||
Latest revision as of 21:47, 11 July 2020
Economies of Scale is the reduction in per-unit costs as volume increases.
Definition
According to the Strategic Management by Parnell (4th edition),
- Economies of Scale. The reduction in per-unit costs as volume increases.
