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More cards in this set
Card 6
Front
By a firm or a business using technical economies of scale what can this help to do?
Back
Card 7
Front
How can managerial economies of scale improve a firm or a business?
Back
Card 8
Front
How will external economies of scale impact on a firm or a business?
Back
Card 9
Front
When does diseconomies of scale occur?
Back
Card 10
Front
What are the disadvantages of diseconomies of scale?
Back
Card 11
Front
What discourages the growth of firms?
Back
Card 12
Front
What is meant by the term market power?
Back
Card 13
Front
How can monopolies use their power to exploit customers and suppliers?
Back
Card 14
Front
What are the advantages of increasing market share?
Back
Card 15
Front
What is meant by the term occupational immobility?
Back
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