Internal vs. External Economies of Scale: What’s the Difference?
An economy of scale is a microeconomic term that refers to factors that drive production costs down while increasing the volume of output. Find out the difference between internal and external ...
RIETI独立行政法人経済産業研究所2y
Market-based Reform of Production Factors in China
China has been transitioning from a planned economy to a market economy since the end of the 1970s, and in this process, the marketization of production factors has lagged behind that of goods and ...