What happens to average unit cost when a business grows and output rises?
A
The average cost per unit falls as output falls.
B
The average cost per unit falls as output rises.
C
The average cost per unit rises as output rises.
D
The total cost per unit stays constant as output rises.
1.7.3 Economies of scale Flashcards
Flashcards for AQA GCSE Business 1.7.3 Economies of scale, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 21 cards, matched to the AQA GCSE Business (8132) specification. Recall questions account for roughly 35% of marks at GCSE Business, so these target the marks you can secure before the paper starts.