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When workers go on strike, management is often compelled to keep the business operation running. If it is unable to achieve this on its own, management may
Diseconomies of Scale
The phenomenon where production costs per unit increase as a firm's output expands, often due to inefficiencies that arise from becoming too large.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
Average Total Cost
The total cost of production divided by the quantity of output produced; it includes all variable and fixed costs.
Economies of Scale
The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output.
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