(a)[2]
Define 'external economies of scale'.
(b)[3]
Explain two internal economies of scale in a business.
Business 9609 · AS & A Level · Size of business
Size of business — practice question
Worked solution & mark scheme
This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Cost savings or other benefits that occur when a firm's scale of operation rises because of external influences” …
- Full mark scheme, point by point
- Step-by-step worked solution
- Write your answer & get it marked instantly by AI