Tag: scale

DefinitionA demerger is a form of corporate restructuring in which the entity's business operations are segregated into one or more components. It is the...

What is the 'Learning Curve' A learning curve is a concept that graphically depicts the relationship between cost and output over a...

In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output...

What is 'X-Efficiency' X-efficiency is the degree of efficiency maintained by individuals and firms under conditions of imperfect competition. According to the...