• 

 

 

 

Meaning of technical economies of scale

 

 

 

Technical economies of scale

 

The following texts are the property of their respective authors and we thank them for giving us the opportunity to share for free to students, teachers and users of the Web their texts will used only for illustrative educational and scientific purposes only.

 

The information of medicine and health contained in the site are of a general nature and purpose which is purely informative and for this reason may not replace in any case, the council of a doctor or a qualified entity legally to the profession.

 

Business glossary

 

Meaning of term technical economies of scale :

 

An economy of scale is where average cost falls as production increases. Economies of scale are happening because larger firms are able to lower their unit costs. Technical economies of scale are the lower unit costs which come about from larger firms being able to use more efficient techniques of production and the fact that a larger plants are often cheaper to run. This is often helped by the principle of increased dimensions. For example, a ship double the size will have more than double the volume and can therefore reduce the cost of transportation per unit considerably. It will also not require double the number of crew to run it resulting in a further saving.

 

The meaning indicated above are indicative not be used for legal purposes

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

 

Google key word : technical economies of scale

Author : not indicated on the source document of the above text

If you are the author of the text above and you not agree to share your knowledge for teaching, research, scholarship (for fair use as indicated in the United States copyrigh low) please send us an e-mail and we will remove your text quickly.

 

Technical economies of scale

 

If you want to quickly find the pages about a particular topic as technical economies of scale use the following search engine:

 

 

 

Meaning of term technical economies of scale

 

Please visit our home page

 

Larapedia.com Terms of service and privacy page