Score |
67
Student @ University of Abuja
Economies of Scale in My School Life
<p><br/></p><p>Economies of scale is often described as a business principle where increasing output reduces the cost per unit. While it is usually applied to firms and industries<strong>,<em> I came to realize that this concept also played out clearly in my school life. Learning, much like production, required initial investment before efficiency could be achieved.</em></strong></p><p><em>In the early stages of school, studying felt demanding and inefficient. Simple tasks such as reading, understanding new concepts, and preparing for exams required a great deal of time and mental energy.</em></p><p> Each subject felt like starting from scratch, and the results did not always reflect the effort put in. <strong>At this stage, the “cost” of learning was high, similar to a small firm operating without the benefits of scale.</strong></p><p>As time went on, repetition and experience began to reduce this cost. I <strong>developed better study habits, improved my note-taking, and learned how to manage my time effectively. </strong>Concepts that once seemed difficult became easier to grasp, and previously acquired knowledge helped in understanding new topics. With the same amount of effort, I was able to achieve better outcomes.</p><p>Group discussions and shared learning also contributed to this efficiency. Studying with course mate allowed ideas to be exchanged and problems to be solved faster, reducing individual effort. Over time, school life became more organized and productive.</p><p><strong>In this sense, my school experience reflected economies of scale. The more I learned and practiced, the lower the effort required to succeed, proving that growth and consistency naturally lead to efficiency.</strong></p>
|
22
Other insights from Goe Wy🤍
Referral Earning
Points-to-Coupons
Insights for you.
Comments