3 ms·
Sorry, I assumed that that was where you were coming from. Economies of scale usually refers to how the cost of producing a unit decreases as you are producing
by bdr 18y ago
Sorry, I assumed that that was where you were coming from.
Economies of scale usually refers to how the cost of producing a unit decreases as you are producing more units at a time.
Taleb calls an endeavor scalable if your reward can increase practically unboundedly with little no extra effort. Examples include pop stars and websites.
- nebula 18y agoThat helps :) Thank you.