Economies and diseconomies of scale | APⓇ Microeconomics | Khan Academy

Economies of scale exist when long-run average total cost decreases as output increases, diseconomies of scale occur when long-run average total cost increases as output increases and constant returns to scale occur when costs do not change as output increases.

AP(R) Microeconomics on Khan Academy: Microeconomics is the study of individual decisionmakers in an economy, such as people, households, and firms. Learn how markets work, how incentives drive decisionmaking, and how market structure influences market outcomes. We hit the traditional topics from an AP Microeconomics course, including basic economic concepts, markets, production and costs, profit maximization perfect competition, imperfectly competitive market structures, game theory, factor markets, and income inequality.

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