7. Possible developments
In any field, innovation is incremental. Improvements to existing products must respond to consumer tastes and changing demand. In industry, the continuity of production runs over time must be taken into account. To maximize economies of scale, the same model-building platform can be used to produce up to twenty variants. Long production runs encourage a concentrated market structure, which allows high amortization and price reductions, and discourages the efforts of potential competitors (§
4.5.4
You do not have access to this resource.
Exclusive to subscribers. 97% yet to be discovered!
Already subscribed?
Log in!
Ongoing reading
Possible developments