Costs revenues and profit

The economies of Superbowl advertising

A highlight of the year for many sports fans, the Superbowl presents advertisers with a unique opportunity to reach over 110 million captive viewers.

Posted to RESOURCE SERIES - •Super Starter Sunday - •MICROECONOMICS TOPICS - •Costs revenues and profit -
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How crisps are made – technological economies of scale

Here is a nice video to use when explaining how large companies can benefit from technological economies of scale allowing their cost per unit to reduce. It takes you through all of the stages of making crisps, not surprisingly everything is done by machines. It could also be used for a lesson on how companies are trying to become more energy efficient.

Posted to MICROECONOMICS TOPICS - •Costs revenues and profit -
Tags: economies of scale, technology, unit costs, factory
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Would you have your hair cut in a layby?

‘Ben the Barber’ has set up in a lay by on the A6 near Luton. Having been a hairdresser in a conventional shop he found the overheads getting larger and larger and was struggling to cope. As this video shows he bought a mobile shop and eventually his business has grown.

Posted to MICROECONOMICS TOPICS - •Costs revenues and profit -
Tags: competition, price, fixed costs, variable costs, gcse micro, questions, activity
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