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Scale Economies, Product Differentiation, and the Pattern of Trade | |
File name | Scale Economies, Product Differentiation, and the Pattern of Trade |
File Description | In microeconomics, economies of scale are the cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output. Often operational efficiency is also greater with increasing scale, leading to lower variable cost as well. |
Category Name | Management Studies |
Subject Name | BUSINESS ECONOMICS |
Module Name | Theory of Production |
Micro Category Name | Production Function |
Level | Masters |
File Type | |
File | Login to Download |
File | Login to Download |