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Analyzing the proposal presented by this system would be fruitful for society, mainly for business people, because it would contribute to an improvement in the manufacture of their goods, thus benefiting their profitability. At a time when companies are in full swing, their production grows so much that the associated costs are reduced, in other words, the more that is manufactured the less each individual commodity costs; this is achieved as organizations increase their size. This financial phenomenon is called Economies of Scale , and in precise terms, it refers to the power that a company acquires when it reaches its optimal production levels, in which the fixed cost of manufacturing large quantities is minimized.

To carry out this process it is necessary to make large purchases of materials, establish long-term contracts, and improve technology, among others. The advantages of this economic model imply an increase in the benefits to be obtained, an increase in the capacity of growth and investment, and a greater productive efficiency. Economies of Scale author Wilfred J.

Ethier Source: Bar-Ilan University Well, this was our selection of free Economics books in PDF format. Remember that «Sharing is Caring». International Economics Books.

Business Economics Books. Political Economy Books. Environmental Economics Books. Agricultural Economics Books. Informal Economy Books. Social Economy Books. Circular Economy Books. Do you want to read about another topic? Art and Photography.

Alternative Therapy. Business and Investment. Food and drinks. You must login to add post. In Process. How can I get access read The Economist for free? Share Facebook. View Profile. Oswald Level 2. This answer was edited. Leave an answer Cancel reply. Link Text. Open link in a new tab. Indeed, it does provide analytical perspective in highly comprehensive and penchant way. Would you please advise if you will be keep on sharing this weekly basis?

Once again thank you. The Economist 23 June Edition. Shafi Edwardian. Saturday, June 30, The Economist for the week of 30 June Edition. Sunday, July 01, Thanks alot from my side. Saturday, July 07, The Economist for the week of 07 July Edition.

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D: The Economist in audio. The podcast focuses on economic data analysis and unbiased coverage of financial news, both in the U. The app is free to download and includes free access to the Editor's picks - a weekly selection of articles from each week's edition of The Economist. Channel: The Economist: Full edition. It is ideal for anyone who wants to listen to articles while travelling The Economist Style Guide guides the reader through the pleasures and pitfalls of English usage.



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