Internal economies of scale
- Internal economies of scale
An example of internal economies of scale is when a company is cut in size but the remaining firms still hold the same amount of final output. Therefore the company has become more efficient in production and has experienced internal economies of scale.the internal part of the business expands enabling the business to make higher profits.
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city — cityless, adj. citylike, adj. /sit ee/, n., pl. cities. 1. a large or important town. 2. (in the U.S.) an incorporated municipality, usually governed by a mayor and a board of aldermen or councilmen. 3. the inhabitants of a city collectively: The … Universalium