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Card 6

Front

6) Financial Economies: banks are prepared to .... more ..... to larger firmest at lower ....... .....

Back

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Card 7

Front

7) Technical Economies: can afford to operate more ........ machinery

Back

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Card 8

Front

8) Risk-Bearing Economies: when a firm can sell a ..... of products into many different ....... A decline in ..... of one product won't significantly .... the firms cash ....

Back

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Card 9

Front

9) There are .... main ........ economies of scale

Back

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Card 10

Front

10) These happen when a number of ..... firms locate .... to each other

Back

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Card 11

Front

11) ONE- Suppliers will choose to locate .... to their customers. This reduces ........ times and ......... costs

Back

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Card 12

Front

12) TWO- There will be a local ......... who already have the ...... needed. This reduces ........ costs for the firm.

Back

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Card 13

Front

13) THREE- The area will build up a good ..........which will ....... firms in the area and ......... other firms to locate there.

Back

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Card 14

Front

14) FOUR- ...... may be made available by the ..........

Back

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Card 15

Front

15) There are also ............ of scale

Back

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