• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Economies of scale

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Economies of scale

  • This topic has 3 replies, 2 voices, and was last updated 10 months ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • March 26, 2022 at 7:54 pm #651954
    ilham9089
    Member
    • Topics: 236
    • Replies: 171
    • ☆☆☆

    Hi, can you please explain what economies of scales are?

    March 26, 2022 at 8:31 pm #651961
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22705
    • ☆☆☆☆☆

    2 firms have 2 offices, 2 sets of staff, 2 lots of overheads, 2 lots of clients, 2 administration departments, 2 secretarial pools, 2 office managers

    Merge the firms and you’ve got 1 office, 1 set of staff,1 lot of overheads, 1 lot of clients, 1 administration department, 1 secretarial pool, 1 office manager

    Many of your 2 sets of expenses have been reduced by … economies of scale

    OK?

    March 26, 2022 at 11:18 pm #651971
    ilham9089
    Member
    • Topics: 236
    • Replies: 171
    • ☆☆☆

    Thank you. Great explanation.

    March 27, 2022 at 8:13 am #651992
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22705
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

 

ACCA My Exam Performance for non-variant Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

FREE Verifiable CPD for ACCA Members

ACCA mock exams and debrief videos

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • misslatif on Relevant Cash Flows for DCF – Inflation effective rates – ACCA Financial Management (FM)
  • joenamakhwa on FM Chapter 17 Questions – The cost of capital
  • Amalsudheesh on FA Chapter 6 Questions Depreciation
  • John Moffat on FA Chapter 6 Questions Depreciation
  • John Moffat on PM Chapter 7 Questions Pricing

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy