Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. how would you describe the significance of economi

How would you describe the significance of Economies of Scale and why they are relevant to...

80.2K

Verified Solution

Question

Finance

How would you describe the significance of Economies ofScale and why they are relevant to direct and indirect cost and tomanagement in general?

What does this provide for a organization?

Answer & Explanation Solved by verified expert
3.9 Ratings (719 Votes)
Economies of Scale This is a strategy of minimizing cost in this strategy products are manufactured at a large scale so as to save the cost As the production increases the cost comes down It can be achieved by Buy in    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

How would you describe the significance of Economies ofScale and why they are relevant to direct and indirect cost and tomanagement in general?What does this provide for a organization?

Other questions asked by students

Q

disturbed, inc., had the following operating results for the past year: sales = $22,616; depreciation... Question:...

Finance
Q

If a researcher found a Person correlation of r = 0.32 between aggression and frequency of...

Basic Math
Q

Use Excel to test. For each paired difference, compute After – Before. In Data Analysis, t-Test:...

Basic Math
Q

What is meant by a “house-keeping” gene? Why is performing PCR on these an important control...

Biology
Q

Suppose that an animal inhales a radioactive isotope of oxygen whose location can be traced in...

Biology
Q

2 7 A series circuit with R 2 52 L 2 mH and C 500...

Physics
Q

Please help.Thank you Please making correction. Bramble Co. decides at the beginning of...

Accounting
Q

KULLIUR 17 Punis The following information is for Euclid Corporation: Direct Materials(measured in pounds) $25...

Accounting
Q

This question has 9 parts to it: Please answer the follwing: Blueprint...

Accounting
Q

Boilermaker Incorporated reported taxable income of $500,000 this year and paid federal income taxes of...

Accounting
Q

Holmes Company has already spent $98,000 to harvest peanuts. Those peanuts can be sold as...

Accounting
Q

Consider the following partially completed income statements for merchandising companies and compute the missing amounts:...

Accounting