Economies of Scale

What is an example of economies of scale

• Realising

• Evaluating

• Purchasing

How many different types of economies of scale are there

• 1

• 2

• 3

• 4

Who uses internal economies of scale?

• A sole trader

• A research and development department

• a global business

What do diseconomies of scale mean?

• They're cheaper

• They're more expensive

• It's all management's fault

If a business becomes larger, are economies of scale a good thing?

• Yes

• No

What's a negative impact of economies of scale

• Care more about customers

• Not care about customers

• Care about profits