Origin of the name Oscar: derived from a Norman baronial name taken from a French place-name meaning golden city.. Others think it is merely an invention of the novelist Fanny Burney, who used it for the hero in her novel Evelina (1778).From A World of Baby Names by Teresa Norman.scar (Irish) possibly from the Gaelic phrase os cara, meaning friend of the deer. James Macpherson used the name in his Ossianic poems. Napoleon, an admirer of those works, imposed it on his little French godson, who ascended the throne of Sweden as Oscar I (or Oskar I).
Economies of Scale and Scope. Economy of scale is a concept that arises in the context of the production of a good or service, and other similar activities undertaken by organisations. This concept will provide an understanding of economies of scale, and some other concepts related to the production process.
Returns to scale. In economics, returns to scale and economies of scale are related but different terms that describe what happens as the scale of production increases in the long run, when all input levels including physical capital usage are variable (chosen by the firm).