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2.6.6 Economies of scale
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What are economies of scale?

What are economies of scale?

Economies of scale are the cost advantages a firm gains as it produces on a larger scale, causing its average cost to fall. Average cost is the cost of each unit, calculated as total cost divided by output.

2.6.6 Economies of scale Lesson

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

Step-by-step lessons on OCR GCSE Economics 2.6.6 Economies of scale. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.

Lessons