AQA A Level · 7136 · Paper 1: Markets and market failure
4.1.4.5 Economies and diseconomies of scale
Also AQA AS 7135: 3.1.3.4
Everything you need for questions on economies and diseconomies of scale, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- Key terms
- The LRAC curve
- Internal economies of scale
- Diseconomies and external effects
- Classic question: are bigger firms always more efficient?
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Build a bigger firm
- Which type?
- How many firms fit?
- Scale trainer
- Is bigger better?
- Build the chain
- Exam practice
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