Skip to content

Course home

Sign up

Card 1 of 24

When a firm expands output, [     ] reduce long-run average cost, while excessive growth may cause diseconomies of scale to raise it.

A

barriers to entry

B

economies of scale

C

economies of scope

D

diseconomies of scale

Card 1 of 24

3.1.1 Sizes and types of firms Flashcards

  1. A Level
  2. /Economics
  3. /3.1.1 Sizes and types of firms

24 flashcards on Edexcel A A Level Economics 3.1.1 Sizes and types of firms: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards