Business Studies (9-1) - 0986 CIE

Economies And Diseconomies Of Scale:

Akopọ

Why can a giant supermarket sell a tin of beans for less than a corner shop pays for it? The answer is economies of scale: as a business grows bigger, the cost of making each unit can fall, handing large firms a powerful advantage. But grow too big and the opposite can happen, and costs creep back up.

In this lesson you will learn the five economies of scale that lower a big firm's average costs, and the diseconomies of scale that can raise them again. You will be able to calculate average cost, explain why size cuts both ways, and judge how large a business should aim to be.

Awọn Afojusun

  1. The concept of economies of scale with examples, e.g. purchasing, marketing, financial, managerial, technical
  2. The concept of diseconomies of scale with examples, e.g. poor communication, lack of commitment from employees, weak coordination

Akọ̀wé Ẹ̀kọ́

Economies of scale explain why large firms dominate so many industries and why growth is such a common objective. The exam asks you to name and explain the economies, recognise diseconomies, and often to calculate average cost. Getting the key idea (average cost, not total cost) right is the difference between full marks and none.

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Oriire fun ipari ẹkọ lori Economies And Diseconomies Of Scale:. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.

Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.

Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.

  1. Economies of scale lower a firm's: A. total cost B. average (unit) cost C. selling price only D. revenue Answer: B
  2. A firm has total costs of 800000 dollars and makes 40000 units. Its average cost is: A. 2 dollars B. 20 dollars C. 200 dollars D. 2000 dollars Answer: B
  3. Getting a discount for buying materials in bulk is a: A. financial economy B. purchasing economy C. technical economy D. managerial economy Answer: B
  4. Which is a diseconomy of scale? A. cheaper borrowing B. bulk-buying discounts C. poor communication in a very large firm D. specialist managers Answer: C
  5. A large firm can borrow money more cheaply than a small one. This is a: A. marketing economy B. financial economy C. technical economy D. purchasing economy Answer: B

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Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
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O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

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