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Economies of scale

Economies of scale

Economies of scale occur when long-run average cost falls as production expands. Average cost is calculated as total cost divided by output:

7.5.6 internal and external economies of scale Lesson

  1. Intl A Level
  2. /Economics
  3. /7.5.6 internal and external economies of scale

Step-by-step lessons on CIE Intl A Level Economics 7.5.6 internal and external economies of scale. Each one builds up to exam-style questions.

Lessons