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Monday, April 12, 2010

On a Spring Afternoon

It's nice to see the breweries blooming. This scene is about a half hour old--tanks arriving at Coalition Brewery.


Patrick Emerson said...

Fixed cost.

Jeff Alworth said...

Okay, professor, that went over my head.

Patrick Emerson said...

Blog post a comin' but the essence is that the brew house is a fixed cost (does not depend on the amount of beer produced - until you need more capacity). The implications of this I'll explain over at Beeronomics - will alert you to its presence soon.

Patrick Emerson said...
This comment has been removed by the author.
Patrick Emerson said...

As promised: economies of scale

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