« previous next »
Pages: [1]   Go Down

Author Topic: Economics problems  (Read 752 times)

Offline pastyear

  • SF Citizen
  • ***
  • Posts: 209
  • Reputation: 313
  • Gender: Male
Economics problems
« on: November 26, 2009, 03:31:07 pm »
What is Returns to scale and Economies of scale really mean?
Do they relate to each other?
I read the books still no understand.
Logged

Offline astarmathsandphysics

  • SF Overlord
  • *********
  • Posts: 11271
  • Reputation: 65534
  • Gender: Male
  • Free the exam papers!
Re: Economics problems
« Reply #1 on: November 26, 2009, 08:37:27 pm »
Economies of scale is when unit cost of production falls because of increased output
Logged
Pages: [1]   Go Up
« previous next »