Examlex
Discuss the risks associated with the creation of genetically altered organisms. What sorts of safeguards are used to prevent potential problems caused by these organisms?
Economies of Scale
Cost advantages companies experience when production becomes efficient, as the cost per unit of output decreases with increasing scale.
General Electric
A multinational conglomerate corporation operating in sectors like aviation, power, healthcare, and renewables, among others.
Plant Size
The scale or capacity of a factory or production facility, often measured in terms of productive capability or physical dimensions.
Diseconomies of Scale
An economic concept where increasing production results in higher per unit costs.
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