USA: +1(715)227-4880, UK: +44-7896988486, AU:+61-452503850
  • My Account
  • solution


    Australian Airline Industry Assignment Help

    Australian Airline Industry Assignment Help

    An economy of scale is referred to as cost advantage, which arises from increase in the level of output. It mainly refers to carrying out of production activities at a low level of cost involved. Such economies of scale arises mainly owing to the prevalence of inverse relation between fixed costs per unit and the quantity of goods produced (Borenstein and Rose, 2014, p.100). The economy of scale is also capable of reducing the amount of variable costs per unit owing to synergies and the efficiencies with respect to operations involved.

    show more