Economies of Scale: Mastering Economies of Scale, a Practical Guide to Economic Efficiency

· Economic Science Book 144 · One Billion Knowledgeable
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251
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About this ebook

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.

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