There is another benefit to living in a common interest community and paying HOA fees â the ability to use and enjoy community amenities you may not be able to purchase and maintain on your own, like a swimming pool, tennis courts or walking trails.
ECONOMIES OF SCALE. AND ECONOMIES OF SCOPE. Economies of scale are reductions in average costs attributable to production volume increases. They typically are defined in relation to firms, which may seek to achieve economies of scale by becoming large or even dominant producers of a particular type of product or service.
Difference between Economies of Scale and Diseconomies of Scale. As the name implies, there is a clear difference between economies of scale and diseconomies of scale but some people are unable to understand that and get confused. Economies of scale is a point in which a business wishes to achieve for ensuring cost reduction in their processes.