Understanding economies of scale

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Understanding economics - this video provides development on economies of scale. It looks at how economies of scale only occur in the long run. It provides information on how long run average costs fall due to purchasing (bulk-buying), financial, technical and managerial economies of scale. • Suitable for key stage 4 and key stage 5 economics and business students. • Download note taker: • https://drive.google.com/open?id=1sMq...

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