The
Definition Of

Scale Economies

Scale Economies is the reduction in per-unit costs achievable by spreading fixed costs over a higher level of production.

Share it:

More from this Section

  • Marketing Personnel
    With greater competition today, banks have an urgent need to develop new services and to more aggressively sell existing services tasks...
  • Purchasing Power Parity
    Purchasing Power Parity is the concept that homogeneous goods cannot have more than one price measured in any one currency. If
  • Amount at risk
    Amount at risk is the balance of the sum payable not covered by reserves, potentially falling on the net worth (net assets) of the company.
  • Ad Valorem Duty
    Duty assessed as a percentage rate of the value of the imported merchandise is called Ad Valorem Duty.
  • Security Analysts and Traders
    Security analysts and traders are usually found in a bank’s bond department and in its trust department.
  • Clean Bills
    Clean Bills are bills of Exchange drawn payable overseas and which are not accompanied by commercial documents.
  • Cash management
    Cash management is concerned with the meaning of : (i) Cash flows into and out of the firm. (ii)Cash flows within the firm and (iii)Cash balances held by the firm at a point of time by financing deficit or investing surplus cash.