Economies of Scale

Assembly Line
An examination of assembly line production and its implications in economics.
Economies of Scale
The factors which make it possible for larger organizations or countries to produce goods or services more cheaply than smaller ones.
Indivisibility
Understanding the concept of indivisibility in economics, especially in production processes.
Minimum Efficient Scale
The minimum level of any activity at which all known economies of scale have been exhausted.
Quantity Discount
A price reduction available to purchasers of a specified minimum quantity.