View your shopping bag

Items: (0) £0.00
  • €
  • $
  • £

Checkout

  • Anforme What are Economies of Scale

Anforme What are Economies of Scale

Media Type 1+ Horizontal Option Header Quantity Add to basket
  £0.85
  • Product Reference: Download: D75

The gaining of economies of scale will allow companies to reduce their average costs in the long run. Roger Loxley, Head of Economics and Politics at the Royal Grammar School, Newcastle upon Tyne, explains exactly what these economies are.

Summary of Contents:

  • ·         What are ‘economies of scale’ that allow such large cost savings to be made? How do they occur and to what extend can companies exploit them?

 

  • ·         Output and Production: Factors of Production

 

  • ·         Short Run Production: Utilises three factors of production, land and capital (fixed) and labour (variable)

 

  • ·         Long Run Production: Capital now needs to become a variable factor

 

  • ·         Bringing in Costs and Economies of Scale

 

  • ·         Internal Economies of Scale

 

  • ·         External Economies of Scale

 

  • ·         Conclusion

This article was featured in ET Volume 10 issue 2

The gaining of economies of scale will allow companies to reduce their average costs in the long run. Roger Loxley, Head of Economics and Politics at the Royal Grammar School, Newcastle upon Tyne, explains exactly what these economies are.

Summary of Contents:

  • ·         What are ‘economies of scale’ that allow such large cost savings to be made? How do they occur and to what extend can companies exploit them?

 

  • ·         Output and Production: Factors of Production

 

  • ·         Short Run Production: Utilises three factors of production, land and capital (fixed) and labour (variable)

 

  • ·         Long Run Production: Capital now needs to become a variable factor

 

  • ·         Bringing in Costs and Economies of Scale

 

  • ·         Internal Economies of Scale

 

  • ·         External Economies of Scale

 

  • ·         Conclusion

This article was featured in ET Volume 10 issue 2

long description

When the order is placed at our website, credit card numbers are encrypted using 128 bit encryption. They are only decrypted after they reach our computer. They are not held in clear text on any web site. Making a purchase could not be easier. Just browse our store, and add any items that you wish to buy into the shopping cart. After you have finished your selection, click on 'Checkout' and you will be asked for a few details that we need to be able to complete the order.

All the products on our website are always in stock. As soon as a product becomes out of stock we remove it from the website. You will never receive a message from us telling you that the product you ordered is not currently available. For internet orders, we aim for a dispatch within 24 hours although no orders will be dispatched at weekends. If, in the unlikely event that you find one of our products to be damaged or not up to the specifications quoted on this website, you may return it within 30 days for a full refund including postage. We regret that we cannot be held responsible for the non-delivery of returned goods so we recommend that you get a certificate of posting.