Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. how would you describe the significance of economi

How would you describe the significance of Economies of Scale and why they are relevant to...

80.2K

Verified Solution

Question

Finance

How would you describe the significance of Economies ofScale and why they are relevant to direct and indirect cost and tomanagement in general?

What does this provide for a organization?

Answer & Explanation Solved by verified expert
3.9 Ratings (719 Votes)
Economies of Scale This is a strategy of minimizing cost in this strategy products are manufactured at a large scale so as to save the cost As the production increases the cost comes down It can be achieved by Buy in    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

How would you describe the significance of Economies ofScale and why they are relevant to direct and indirect cost and tomanagement in general?What does this provide for a organization?

Other questions asked by students

Q

Assume the following information for a stock and a European call option written on the stock...

Finance
Q

the DNA template has the following sequence 5' TGATC 3'. When depurination occurs what sequence would occur...

Biology
Q

Consider a possible linear relationship between two variables that you would like to explore Define the relationship...

Basic Math
Q

he controls how much currency is created and distributed O Treasury O President O FDIC

Basic Math
Q

Given the functions below, find the domain of (f.g)(x).f(x) = -4/-x+4 g(x) = -8/-2x-6Select the...

Basic Math
Q

For the following exercise simplify the rational expression 16 3 2 x 1 X 1...

Algebra
Q

Find an equation of the line passing through the pair of points. Write the equation...

Algebra
Q

REQUIRED Prepare the Statement of Comprehensive Income of Leo Traders for the year...

Accounting
Q

19. In cell P2, enter a formula using the VLOOKUP function to determine the cost...

Accounting
Q

18 awarded 01:10:39 cored Book erences The following table contains financial information for Tarleton Incorporated...

Accounting
Q

Carlos and Amira are married and have 3 children. Carlos earns $31,000, and Myrtle has...

Accounting
Q

Miranda's Corp. estimates that its return for next year will be 1%. This estimation is...

Finance