Sentences with phrase «importance of economies of scale»
But, the importance of the economy of scale justification for inheritance greatly declined when institutions like trusts and corporations made it possible to consolidate management of large quantities of assets without giving all of the benefit of those assets to the person managing them.
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(3) The critical importance of economies - of - scale to the growth and longevity of businesses, economies, living organisms, and cities is explained by Professor Geoffrey West in, Scale, the Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life (Penguin Press, 2scale to the growth and longevity of businesses, economies, living organisms, and cities is explained by Professor Geoffrey West in, Scale, the Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life (Penguin Press, 2Scale, the Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life (Penguin Press, 2017).