EFFECT OF SCALE
Keywords:
Scale effect, long-term and short-term costs, intensive growth, extensive growth, large businesses, small businesses, break-even point, law of diminishing returns.Abstract
This article provides a comprehensive explanation of the role of economies of scale in production, including the theories of economists from past centuries. it is used to get more profit. It can be seen that this topic is very important for every entrepreneur and business people.
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Published
2024-09-09
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Articles
How to Cite
EFFECT OF SCALE. (2024). Spectrum Journal of Innovation, Reforms and Development, 31, 1-3. https://sjird.journalspark.org/index.php/sjird/article/view/1103