3 ms·
I know this is a naive view, but in an efficient economy of scale where we are cutting costs to produce a good, the lower the costs, the higher the efficiency t
by lxe 2y ago
I know this is a naive view, but in an efficient economy of scale where we are cutting costs to produce a good, the lower the costs, the higher the efficiency to produce that good.
Depending on the efficiency of the economy, if something is expensive, it required more energy or time or resources to produce. Producing (and buying) organic small batch things yields lower _net_ efficiency than mass-produced stuff.
Now, increasing efficiency may mean that _net_ impact is minimized, but tradeoffs are pretty wild. For example, we trade off pollution for cheaper energy production, etc...
Of course this is only fully realized in a spherical economy in a vaccum, but still, some of this is applicable to the real world.