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Quiz: External Economies of Scale

WJEC Eduqas GCE A LEVEL in BUSINESS specification

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Now that you've learned about economies of scale and internal economies of scale, let's explore external economies of scale and test your knowledge!

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What are external economies of scale?

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Which of the following can contribute to external economies of scale? (Select all that apply)

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External economies of scale occur when businesses benefit from improvements in {{blank0}} factors such as infrastructure or {{blank1}} suppliers.

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Match the items on the left with their correct pairs on the right

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How do universities contribute to external economies of scale?

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Which industries are most likely to benefit from external economies of scale? (Select all that apply)

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External economies of scale reduce average costs for firms because they result from {{blank0}} improvements in the industry or region.

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Which of the following best describes a shared benefit from external economies of scale?

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What is the main difference between internal and external economies of scale?

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