Economies and diseconomies of scale

Economies and diseconomies of scale

10th Grade

13 Qs

quiz-placeholder

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Economies and diseconomies of scale

Economies and diseconomies of scale

Assessment

Quiz

Other

10th Grade

Hard

Created by

Palak Mathur

Used 10+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Internal economies of scale are those that

Result from changes in production techniques

Increase due to the growth of the industry as a whole

Generate lower per unit production costs

Reduce production costs in the short run

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Diseconomies of Scale result in a lower per unit production cost over the long run

True

False

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Internal diseconomies of scale can be caused by

Being unable to purchase stocks at a discounted price

Poor management being unable to effectively control a large workforce

Traffic congestion causing delays to delivery of important stocks

Advertising costs to a global audience

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

External economies of scale can arise from

Bulk purchases of raw materials, parts and components at favorable prices by a particular business/firm

Purchase and use of physical/human capital by a particular business/firm

Greater availability of skilled laborers for a particular industry in a particular area

A business/firm being able to obtain lower interest rates on loans

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image
---------- resulting from a firm growing too large.
External Diseconomies
Internal Diseconomies
Internal Economies
External Economies

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image
Machinery is likely to be efficient. what economies it indicate?
Financial Economies
Buying Economies
Technical Economies
Managerial Economies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a cause of internal diseconomies of scale?
Poor communication between different departments
Lack of staff morale and motivation
Less control, direction and coordination of human resources
Late deliveries due to congestion in busy locations

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