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Edexcel A-Level Economics A2 3.3.2 3e Sources of External Economies of Scale Availability of Skilled Labour Access to Questions

Practise analysing how firms benefit from industry clusters through skilled labour, transport links and shared knowledge in applied extracts.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • analyse how specialised labour reduces firms' recruitment and training costs
  • explain how transport investment cuts delivery costs and improves labour mobility
  • link shared university-industry research to lower R&D costs for clustered firms

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