ECONOMIES OF SCALE

[evol_tn]

Economies of scale can be of two kinds: internal economies
and external economies. Internal economies of scale are those
which arise from the firm increasing its plant size. On the other
hand, external economies arise outside the firm-from improvement
(or, deterioration) in the environment in which the firm
operates.

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[jitendra05]

Economies of scale can be of two kinds: internal economies
and external economies. Internal economies of scale are those
which arise from the firm increasing its plant size. On the other
hand, external economies arise outside the firm-from improvement
(or, deterioration) in the environment in which the firm
operates.

DOWNLOAD THE COMPLETE CHAPTER

Hey friend, thanks for sharing the information and it is really helpful for many people. Well, economies of scale is the cost advantage that comes with improved output of a item or product. BTW, i am also sharing a document which will explain it in more detail.