Teaching PowerPoints
3.3.3 Internal Economies of Scale (Edexcel A-Level Economics Teaching PowerPoint)
- Level:
- A-Level
- Board:
- Edexcel
Last updated 1 Sept 2023
This editable, downloadable powerpoint covers internal economies of scale.
In the long run, all costs are assumed to be variable.
Internal economies of scale are the unit cost advantages from a business expanding the scale of production in the long run.
They arise from the benefits of increasing returns to scale. Large-scale production often uses fewer inputs per unit of output.
Lower average costs are an improvement in productive efficiency and can give a business a competitive cost advantage.
Economies of scale can lead to lower prices for consumers and higher profits which is good news for shareholders.
Download this PowerPoint
You might also like
Internal Economies of Scale
Study Notes
Supersized tankers - is scale going overboard?
21st October 2014
Why do businesses grow?
Study Notes
Conglomerate Integration
Study Notes
Reducing Contestability using the ‘sardines’ technique
15th May 2014
Returns to Scale in Long Run Production
Topic Videos
Long Run Average Cost (LRAC)
Study Notes
External Economies of Scale
Study Notes
Related products
-
-
Revision FlashcardsTheme 2 Revision Flashcards for Edexcel A-Level Economics
02-4130-30068-03
£9.95 inc VAT -
- View full selection ›