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3.4.3—Economies and diseconomies of scale

Syllabus
0455–2027–2028
Objective
3.4.3
Level

3.4.3—Economies and diseconomies of scale

  • how internal and external economies and diseconomies of scale can affect a firm/industry as the scale of production changes
  • drawing and interpretation of average total cost (ATC) diagrams to illustrate economies and diseconomies of scale
ConceptIGCSE Economics