Quiz: Economies of Scale
AQA GCSE Business 8132
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You've already learned about business objectives, growth, and costs. Now, let's test your understanding of economies of scale and how they impact businesses!
What is meant by economies of scale?
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Which of the following are examples of economies of scale? (Select all that apply)
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Economies of scale occur when a business produces more {{blank0}}, and the average cost per unit {{blank1}}.
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A business produces 1,000 units at a total cost of £50,000. What is the average cost per unit?
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Which of the following is NOT an example of an internal economy of scale?
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Which factors can lead to diseconomies of scale? (Select all that apply)
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An example of {{blank0}} economies of scale is when a business produces more and spreads its {{blank1}} costs over more units.
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Which of the following best describes diseconomies of scale?
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