What is Economies of Scale?
By Learn To Invest  •  November 16, 2022
Economies of scale is a concept that can be applied to businesses of all sizes, and it refers to cheaper and larger quantities of a product. Economies of scale refers to the reduction of costs that comes with an increase in production. In other words, as a business or manufacturer increases its output, the average cost per unit decreases. This happens because the fixed costs are spread out over a larger number of units. It is important for businesses to understand because it can help them increase their profits. Additionally, it can help them become more efficient and productive. In this blog post, we will explore the concept of economies of scale in greater detail. We will discuss how it works and why it is important for businesses to understand. Understanding Economies of Scale Source: EconomiesOnline Economies of scale is the term used to describe the cost savings that a company can achieve when it increases its production output....
Read the full article
By Learn To Invest
Not an investment genius, but someone who is learning and sharing my findings on personal finance and investing. I have amassed my knowledge through internships, amazing mentors and books. I developed this blog to document my investment path and demonstrate to the general public that anyone can learn to manage and increase their own money with the right framework of investing and thinking. In that spirit, I intend to share my thoughts and opinions as open as possible in this blog. Because of familiarity and my knowledge with the SG companies, I began my investing in SG markets in 2019. I eventually expanded to invest in the Hong Kong and the United States markets.

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance