Business, Legal & Accounting Glossary
Production methods that incur high fixed costs in order to produce the first unit of goods, may not be divisible below the economies of scale they need to achieve in order to produce the goods, which would make those methods unavailable to smaller producers. Some commodities may be indivisible if their minimum size or quantity makes them unavailable to consumers.
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This glossary post was last updated: 28th December, 2019 | 0 Views.