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You are a defense attorney representing an indigent offender who was convicted on a robbery charge and wants to appeal.Your client's previous attorney did not explain the system to him,so it is up to you to explain how the process works.What will you say?
Spreading the Overhead
The practice of distributing fixed costs over a variety of products, projects, or business units to ensure efficiency and reduce the overall cost per unit.
Economies of Scale
The cost advantage that arises with increased output of a product, as the fixed costs are spread over more units of production.
Diseconomies of Scale
This occurs when a company grows so large that the costs per unit increase.
Levels of Output
Levels of output refer to the quantity of goods or services produced by a firm or industry over a specific period.
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