3.3.2.3c - Distinction between internal/external economies of scale
- Syllabus
- 2018
- Objective
- 3.3.2.3
- Level
- A2
Distinction between internal/external economies of scale.
Use c - distinction between internal/external economies of scale to connect the rule to the data and decision in the question.
This matters because c - distinction between internal/external economies of scale determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.
Example: apply c - distinction between internal/external economies of scale to one small, clearly defined case, show the key step or comparison, and explain the result in words.
Boundary: c - Distinction between internal/external economies of scale is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.