Question
. Give the two criteria that are necessary to achieve economy of scale: i. ii. b. Give a short example with numbers showing economies of
. Give the two criteria that are necessary to achieve economy of scale:
i.
ii.
b. Give a short example with numbers showing economies of scale at work. The first year is filled in for you.
First YearSecond Year
Number of Units:10,000
Fixed Cost:$1 million
Variable Cost:$ 1.5 million
Cost per unit$250
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
