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Greek yogurt on a marathon-like growth spurt | Lake County News-Sun - 1 views

newssun.suntimes.com/...arathon-like-growth-spurt.html

economies of scale greek yogurt United States production costs food growth

shared by Monique T on 22 Jan 12 - No Cached

Monique T on 22 Jan 12

This article describes the recent growth in a number of firms producing Greek Yogurt in the United States. As a result of this growth, the firms are experiencing economies of scale and they are all expanding their factories to increase their output. As the article states: "The Chobani plant today bustles with 14 production lines mechanically squirting yogurt into plastic cups that zip down conveyor belts." - this shows a technological improvement that is an economy of scale: due to the increase in size in the firm, it can employ more efficient, lower cost methods of production.

<div class="cArrow"> </div><div class="cContentInner">This article describes the recent growth in a number of firms producing Greek Yogurt in the United States. As a result of this growth, the firms are experiencing economies of scale and they are all expanding their factories to increase their output. As the article states: "The Chobani plant today bustles with 14 production lines mechanically squirting yogurt into plastic cups that zip down conveyor belts." - this shows a technological improvement that is an economy of scale: due to the increase in size in the firm, it can employ more efficient, lower cost methods of production.</div>

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