What is meant by economies of scale?

Question

asked Jun 15, 2017 60.2k views

1 Answer

Windwalker · Answer 1 · 2017-06-19T11:40:00+0000

By producing a significant number of an item the production cost of said item decreases, thus leading to a larger profit margin.

- I hope this helps :)

What is meant by economies of scale?

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions