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Economies of scale Flashcards | StudBud
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Economies of scale
Economies of scale
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StudBud Administration
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For revising the different types of economies of scale
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
An ancillary firm is ...
... a firm which can support your needs
... a government department to regulate the sale of ankles
... a firm which makes ankles
... a firm in competition with you
2
Firms which use lots of specialised equipment will benefit from:
Financial economies of scale
Marketing economies of scale
Technical economies of scale
Risk bearing economies of scale
3
Receiving a discount when buying large amounts at one time is an example of a ....
... a management diseconomy
... a marketing economy
... a technical economy
... a production economy
4
Which of the following is NOT an economy of scale?
Marketing
Technical
Purchasing
Selling
5
A management diseconomy of scale is caused by which of the following?
Managers not understanding their job
Managers taking too many holidays
Large firms being divided into different departments
Managers eating too much cake
6
If an a firm benefits from an economy of scale but does not control it, this is an example of:
An external economy
A management diseconomy
A management economy
An internal economy
7
Which of the following is an example of a risk bearing economy of scale?
Making very small amounts of only one thing.
Making two or more different things.
Making more of the same thing.
Making less of the same thing.
8
Being able to advertise on TV is an example of which type of economy of scale?
Technical
Marketing
Risk bearing
Financial
9
Being able to raise money by selling shares is an example of which economy of scale?
Financial
Technical
Marketing
Risk bearing
10
Who is the best business teacher in the world?
Miss Sharratt
Miss Sharratt
Miss Sharratt
Miss Sharratt
