Economies and of scale Flashcards
1
Q
What is DEOS(Diseconomies of scale)?
A
A increases in average cost of production, as a firm increases the scale of production
2
Q
What is EOS(Economies of scale)?
A
A reduction in average cost of production , as a firm increases the scale of production
3
Q
What are examples Of internal EOS?
A
Richards (Risk-Bearing)
Mom (Managerial )
Flew (financial )
Past (Purchasing)
The(Technical)
Moon(Marketing)
4
Q
What are examples of External EOS?
A
Suppliers
Knowledge transfers
Educational
Financial
Infrastructure
5
Q
What are examples of internal DEOS?
A
A(Alienation)
B(Bureaucracy )
C(Communication)
6
Q
What are examples of external DEOS?
A
Overcrowding(Late staff,Delivery)
Price of factors of production
(Land,Labour,Capital,Enterprise)
7
Q
A
8
Q
A
