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Card 6

Front

What is economy of scale?

Back

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Card 7

Front

What are internal economies of scale?

Back

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Card 8

Front

How may a business react when there is a reduction in average costs?

Back

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Card 9

Front

When will technical economies arise?

Back

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Card 10

Front

How can technical economies reduce average costs?

Back

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Card 11

Front

How does marketing economies occur?

Back

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Card 12

Front

What does managerial economies allow bigger business to do?

Back

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Card 13

Front

What are financial economies?

Back

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Card 14

Front

When do risk-bearing economies occur?

Back

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Card 15

Front

What does bulk buying enable a business to do?

Back

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