Examlex
Your intern forwards a message to you about a new computer virus that you discover is a hoax from a reliable source.What should you do?
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.
Unit Costs of Production
The total expense incurred by a company to produce, store, and sell one unit of a particular product or service.
Diseconomies of Scale
The condition in which a firm’s costs per unit of output increase as the firm increases in size or scale of operation.
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