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Economies and diseconomies of scale

Average total cost = [     ] ÷ [     ].

A

Average total cost = variable cost ÷ output.

B

Average total cost = total cost ÷ variable cost.

C

Average total cost = output ÷ total cost.

D

Average total cost = total cost ÷ output.

Economies and diseconomies of scale Flashcards

  1. IGCSE
  2. /Business
  3. /Economies and diseconomies of scale

Flashcards for Edexcel IGCSE Business Economies and diseconomies of scale, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 22 cards, matched to the Edexcel IGCSE Business (4BS1) specification.

Flashcards