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Because they have their own distinctive area of operations where several factors make the establishment and growth of small business necessary:
1. Limited Demand
2. Specialized Service
4. Employee Relations
5. Introduction of New Products
6. Direct Motivation
7. Human inertia
8. Shield to big business
9. social utility
10. State assistance and patronage
11. Limited gestation period
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What is the economies of scale?
Internal economies of scale arise when the cost per unit
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
What does the writer mean by diseconomies of sale?
Not profiting from economies of scale, because there are no economies of scale. That is meant by diseconomies of scale.
What are the sources of economies of scale?
The economies of scale attainable from large scale production fall into two categories. Internal and External.
What is the importance of economies of scale?
no
Of what significance is economies of scale in planning the establishment of commercial enterprise?
OF WHAT SIGNIFICANCE IS ECONOMIES OF SCALE IN THE ESTABLISHMENT OF COMMERCIAL ENTERPRISE?. economies of scale
What is the economies of scale?
Internal economies of scale arise when the cost per unit
Define economies of scale How does this relate to returns to scale Cite and briefly discuss the main determinants of economies of scale?
Cite and briefly discuss the main determinants of economies of scale.
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
What does the writer mean by diseconomies of sale?
Not profiting from economies of scale, because there are no economies of scale. That is meant by diseconomies of scale.
What are the sources of economies of scale?
The economies of scale attainable from large scale production fall into two categories. Internal and External.
What is the importance of economies of scale?
no
Do multibank holding companies have economies of scale?
Another important advantage that MBHCs have over individual banks is economies of scale
What is internal economy of scale?
The difference between internal economy of scale and external economy of scale is that internal economies of scale come from within the business ; external economies come from or affect the world outside the business.
Write short notes on economies of scale and diseconomoies of scale?
Economies of scale refers to the increase in the firm's output in relation to a lesser application of factors/inputs which happen in the long run.
Implication of economies of scale?
any one??
Why LRAC and SRAC are of U shape?
It is influenced by economies and diseconomies of scale. Economies of scale is when the size of it scale enlarged, that's mean total output increase but cost per unit decrease.
