Examlex
When the Federal Reserve sent a story about a new website to the AP in hopes that it would inform a favorable story about the site, it released a
Output
The quantity of goods or services produced by a firm, industry, or economy within a certain period.
Per-Unit Cost
The cost associated with producing one unit of a product, calculated by dividing total production costs by the number of units produced.
Diseconomies of Scale
The situation where a company or business grows so large that the costs per unit increase, typically due to inefficiencies.
Economies of Scale
Economies of scale describe the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
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