Examples of Economies of scale in a sentence
Economies of scale may exist from the inherent cost savings that arise from the presence of functional integration or centralization of management.
Economies of scale refers to a relation among and between business activities resulting in a significant decrease in the average per unit cost of operational or administrative functions due to the increase in operational size.
Economies of scale arise from a production process in which the average (or per unit) cost of production decreases as the firm’s output increases.
Economies of scale exist when an increase in production brings a fall in average unit cost.
A reduction in the number of stations where service coverage might create unnecessary overlap.2. An increase in the staffing of stations where currently staffing is limited.3. An increase in staffing that reduces response times can be achieved.4. A reduction in the number of senior administrative staff can be achieved.5. Economies of scale for costly services can be attained.