Jump to content
Objectivism Online Forum

INDUSTRIAL ECONOMICS

Rate this topic


Alex Bitas
 Share

Recommended Posts

2 hours ago, Alex Bitas said:

if a company produces its product in 2 factories it is more likely to perform economies of scale, economies of scope or both ? 

Hello Alex:

 

This is site about Objectivism, which is philosophy.  Your question deals with a single specific aspect in the special field of economics and particular to technical/academic jargon/concepts in connection with industry/factories.

Unless there is a person who specializes in the specific field of your inquiry, you might not get any answer let alone the answer you want to hear.

 

This forum is about philosophy.  Thinking and serious discussion are difficult, but I encourage you not to be afraid of either.  Think. Engage. Listen. Think again.

 

Good premises,

SL

Link to comment
Share on other sites

  • 10 months later...

I had to look up the meaning of economies of scope. In short meaning combination advantage.

Reasons for a company to split its production over several factories usually stems from hitting production bottlenecks, cost savings and or convenience like in logistics. I would say both are as likely given the insufficient information stated.

dclbw61-827a55e2-d3cc-458c-bb32-ed9f2b00

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...