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2.6.6 Economies of scale

Card 1 of 20

What measure shows whether a firm has economies of scale?

A

Average cost per unit.

B

Their salaries are spread over far more output.

C

Large and small firms can coexist because the cheapest scale is not always the largest.

D

Suppliers offer a lower price per unit.

Card 1 of 20

2.6.6 Economies of scale Flashcards

  1. GCSE
  2. /Economics
  3. /2.6.6 Economies of scale

20 flashcards on OCR GCSE Economics 2.6.6 Economies of scale: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.

Flashcards