Company’s Production Theory Map

ASIA Ghee Mill
Land: • • • • Agricultural Land Ghee Mills Solvent Plant Cotton factory

Labor: (Assuming staff as 100%)
• •

Semi Skilled: 20%, e.g; Admin staff, clerks, accountants etc Skilled and unskilled: 80% e.g: skilled; engineers technicians, and unskilled; foreman etc


Economies of Scope

Economies of Scale

Fixed Factors
Consist of major pieces of equipment, suitable factory space, and key managerial personnel. Variable Factors Raw Material, Over head Cost; electricity, gas etc, Salaries of the workforce

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