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Economics

Student Videos

Economies of Scale - Evaluating Benefits and Costs

Level:
AS, A Level, IB, BTEC Level 3, BTEC Tech Award
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

This revision video considers some of the benefits and costs of firms exploiting internal economies of scale. To what extent for example does consumer welfare improve when firms scale their operations in the long run?

Economies of Scale - Evaluating Benefits and Costs

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