Economies of scale and Outline of economics

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Economies of scale and Outline of economics

Economies of scale vs. Outline of economics

In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation (typically measured by amount of output produced), with cost per unit of output decreasing with increasing scale. The following outline is provided as an overview of and topical guide to economics: Economics – analyzes the production, distribution, and consumption of goods and services.

Adam Smith

Adam Smith (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era.

Adam Smith and Economies of scale · Adam Smith and Outline of economics · See more »

Economies of scope

Economies of scope are "efficiencies formed by variety, not volume" (the latter concept is "economies of scale").

Economies of scale and Economies of scope · Economies of scope and Outline of economics · See more »

Free trade

Free trade is a free market policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.

Economies of scale and Free trade · Free trade and Outline of economics · See more »

Interest

Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (i.e., the amount borrowed), at a particular rate.

Economies of scale and Interest · Interest and Outline of economics · See more »

Karl Marx

Karl MarxThe name "Karl Heinrich Marx", used in various lexicons, is based on an error.

Economies of scale and Karl Marx · Karl Marx and Outline of economics · See more »

Marketing

Marketing is the study and management of exchange relationships.

Economies of scale and Marketing · Marketing and Outline of economics · See more »

Media market

A media market, broadcast market, media region, designated market area (DMA), television market area, or simply market is a region where the population can receive the same (or similar) television and radio station offerings, and may also include other types of media including newspapers and Internet content.

Economies of scale and Media market · Media market and Outline of economics · See more »

Microeconomics

Microeconomics (from Greek prefix mikro- meaning "small") is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.

Economies of scale and Microeconomics · Microeconomics and Outline of economics · See more »

Natural monopoly

A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors.

Economies of scale and Natural monopoly · Natural monopoly and Outline of economics · See more »

Network effect

A network effect (also called network externality or demand-side economies of scale) is the positive effect described in economics and business that an additional user of a good or service has on the value of that product to others.

Economies of scale and Network effect · Network effect and Outline of economics · See more »

Perfect competition

In economics, specifically general equilibrium theory, a perfect market is defined by several idealizing conditions, collectively called perfect competition.

Economies of scale and Perfect competition · Outline of economics and Perfect competition · See more »

Returns to scale

In economics, returns to scale and economies of scale are related but different 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).

Economies of scale and Returns to scale · Outline of economics and Returns to scale · See more »