Card 1 of 24
Economies of scale are cost advantages from increased [ ] when [ ].
A
Economies of scale are cost advantages from increased sales revenue when profit margin rises.
B
Economies of scale are cost advantages from increased number of employees when average cost per unit falls.
C
Economies of scale are cost advantages from increased scale of operations when average cost per unit falls.
D
Economies of scale are cost advantages from increased scale of operations when total cost rises.
Card 1 of 24
The influence of scale of operations on a business Flashcards
24 flashcards on OCR A Level Business The influence of scale of operations on a business: the key terms, formulae and case studies you need to recall for Component 01, Component 02 and Component 03.