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diseconomiesofscale
diseconomies of scale
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Definitions of diseconomies of scale in various dictionaries:
DISECONOMIES OF SCALE - In microeconomics, diseconomies of scale are the cost disadvantages that firms and governments accrue due to an increase in firm size or output, resu...
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Diseconomies of scale description |
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In microeconomics, diseconomies of scale are the cost disadvantages that firms and governments accrue due to an increase in firm size or output, resulting in production of goods and services at increased per-unit costs. The concept of diseconomies of scale is the opposite of economies of scale. In business, diseconomies of scale are the features that lead to an increase in average costs as a business grows beyond a certain size. |