What is Economies of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of market control. This is just a partial description of the concept.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Economies of scale
Chapter 2: Natural monopoly
Chapter 3: Perfect competition
Chapter 4: Piero Sraffa
Chapter 5: Cost-of-production theory of value
Chapter 6: Economies of scope
Chapter 7: Monopoly
Chapter 8: Economies of agglomeration
Chapter 9: Marginal cost
Chapter 10: Production-possibility frontier
Chapter 11: Average cost
Chapter 12: Returns to scale
Chapter 13: Cost curve
Chapter 14: New trade theory
Chapter 15: Prices of production
Chapter 16: Long run and short run
Chapter 17: Tendency of the rate of profit to fall
Chapter 18: Okishio's theorem
Chapter 19: Minimum efficient scale
Chapter 20: Ricardian economics
Chapter 21: Socially optimal firm size
(II) Answering the public top questions about economies of scale.
(III) Real world examples for the usage of economies of scale in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Economies of Scale.
