AQA A Level · 7136 · Paper 1: Markets and market failure
4.1.4.3 Diminishing Returns and Returns to Scale
A-level only
Everything you need for questions on the law of diminishing returns and returns to scale, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- Short run and long run
- The law of diminishing returns
- Product curves
- Returns to scale (long run)
- A classic chain
- Classic question: can technology overcome diminishing returns?
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Add cooks to a fixed kitchen
- Double everything
- Diminishing returns, returns to scale, or economies of scale?
- Product and cost trainer
- Limits to growth?
- Build the chain
- Exam practice
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