Quiz: Internal Economies of Scale - Types
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about economies of scale, let's test your understanding of internal economies of scale and their types!
Which of the following is an example of technical economies of scale?
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Which of these are examples of purchasing economies of scale? (Select all that apply)
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A business achieves {{blank0}} economies of scale when it spreads the cost of advertising over a larger {{blank1}}.
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Match the items on the left with their correct pairs on the right
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Which economy of scale is achieved when a firm can negotiate lower interest rates due to its size?
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Which of the following are examples of managerial economies of scale? (Select all that apply)
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A company benefits from {{blank0}} economies of scale when it increases output and reduces the average cost per unit due to improved {{blank1}}.
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If a company produces 100 units at a total cost of £10,000, what is the average cost per unit?
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Which type of internal economy of scale occurs when a firm can spread fixed costs like rent over a larger production output?
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Match the items on the left with their correct pairs on the right
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