Risk-bearing economies of scale
Risk-bearing economies of scale
Glossary of business
Definition of risk-bearing economies of scale
An economy of scale is where average cost falls as production increases. Economies of scale come about because larger firms are able to lower their unit costs. Risk-bearing economies of scale is the ability of large firms to spread the costs of uncertainty over a wider range of activities and therefore reduce their unit cost.
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Terminology about business
Job world
Definition and meaning of risk-bearing economies of scale
Meaning of risk-bearing economies of scale
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