Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Economies & diseconomies of scale


Published on

AQA, Aquinas, Economics, ECON1, Markets, Market Failure

Published in: Education
  • Be the first to comment

  • Be the first to like this

Economies & diseconomies of scale

  1. 1. ECON1 WWW.AQUINASECONOMICSAS.CO.UK @AQUINASECONOMIC Economies & Diseconomies Answer all the questions below 1. Define the term Economies of Scale 2. Explain each of the following a. Technical Economies of Scale b. Marketing Economies of Scale c. Managerial Economies of Scale d. Financial Economies of Scale e. Network Economies of Scale 3. What are external economies of scale? 4. Define the term diseconomies of scale 5. Explain the different types of diseconomies of scale 6. How may a firm avoid incurring diseconomies of scale? 7. Illustrate on a graph a firm which is experiencing economies of scale