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Re:The High-Res Society by nebula on Wednesday December 03, 2008 @10:15PM (#385251)
May be I'm; but you are not helping with your one liner :( [for "professions that scale" google is pointing to this page]

Btw, Wikipedia seems to be more or less in agreement with my stand here: [http://en.wikipedia.org/wiki/Economies_of_scale] "Economies of scale are the cost advantages that a firm obtains due to expansion. Diseconomies of scale are the opposite. Economies of scale may be utilized by any size firm expanding its scale of operation."

OK! It seems I missed the cost advantage part; i.e., the term "economies of scale" is used only if there is a cost advantage to be gained from expansion. Is that right?

Re:The High-Res Society by bdr on Thursday December 04, 2008 @04:13PM (#386150)
Sorry, I assumed that that was where you were coming from.

Economies of scale usually refers to how the cost of producing a unit decreases as you are producing more units at a time.

Taleb calls an endeavor scalable if your reward can increase practically unboundedly with little no extra effort. Examples include pop stars and websites.

Re:The High-Res Society by nebula on Thursday December 04, 2008 @11:06PM (#386580)
That helps :) Thank you.