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long-run economies of scale

См. также в других словарях:

  • Long-Run Average Total Cost - LRATC — A business metric that represents the average cost per unit of output over the long run, where all inputs are considered to be variable. Long term unit costs are almost always less than short term unit costs because in a long term time frame,… …   Investment dictionary

  • economies of scale — noun The characteristics of a production process in which an increase in the scale of the firm causes a decrease in the long run average cost of each unit. Ant: diseconomies of scale …   Wiktionary

  • Economies of sale —   Economies of scale exist where the industry exhibits decreasing average long run costs with size.   California Energy Comission. Dictionary of Energy Terms …   Energy terms

  • run — 1 /rVn/ verb past tense ran past participle run present participle running MOVE QUICKLY ON FOOT 1 (I) to move quickly on foot by moving your legs more quickly than when you are walking: I had to run to catch the bus. | Two youths were killed when …   Longman dictionary of contemporary English

  • Long Depression — Not to be confused with long term depression. The Long Depression was a worldwide economic crisis, felt most heavily in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution… …   Wikipedia

  • Economy of scale — Economies of scale are the cost advantages that a firm obtains due to expansion. Economies of scale may be utilized by any size firm expanding its scale of operation. The common ones are purchasing (bulk buying of materials through long term… …   Wikipedia

  • Returns to scale — In economics, returns to scale and economies of scale are related terms that describe what happens as the scale of production increases in the long run, when all input levels including physical capital usage are variable (chosen by the firm).… …   Wikipedia

  • Comparison of Canadian and American economies — The economies of Canada and the United States are extremely similar because they are both developed countries and are each other s largest trading partners. However, key differences in population makeup, geography, government policies and… …   Wikipedia

  • Canadian and American economies compared — The economies of Canada and the United States are extremely similar because they are both developed countries, which have mixed economies and are each other s largest trading partners. However, key differences in population makeup, geography,… …   Wikipedia

  • Diseconomy of scale — Diseconomies of scale are the forces that cause larger firms and governments to produce goods and services at increased per unit costs. The concept is less well known than economies of scale. The rising part of the long run average cost curve… …   Wikipedia

  • Minimum Efficient Scale — The smallest amount of production a company can achieve while still taking full advantage of economies of scale with regards to supplies and costs. In classical economics, the minimum efficient scale is defined as the lowest production point at… …   Investment dictionary

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