Economies of scale refer to economic efficiencies that result from carrying out a process on a larger scale. Scale effects are possible because in most production operations fixed and variable costs ...

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Add Yahoo as a preferred source to see more of our stories on Google. The bigger you are, the easier it gets. This is the main idea behind "economies of scale," an economic concept that describes how ...

Whether depository institutions can achieve economies of scale, that is, lower their average costs by increasing their sizes, has been a subject of great interest and importance to economists, ...

Economies of scale are factors that cause the average cost of producing something to fall as the volume of its output increases. Hence it might cost $3,000 to produce 100 copies of a magazine but only ...