Economics 0455 · IGCSE · Firms and production

Firms and production — practice question

What has to happen when a firm experiences economies of scale?

  • Aaverage costs decrease
  • Bprofits decrease
  • Cthe number of workers increases
  • Dtotal advertising costs decrease

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI