This quiz focuses on the concepts of economies and diseconomies of scale within business economics. It assesses understanding of internal and external scale economies, R&D implications, and the financial impacts of production changes. Essential for students of economics and business studies.
How badly a business fails
The amount of money lost when a business increases production
The amount of money lost when a business decreases production
How much money is gained when production increases
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The cost of production
The price paid to other businesses for raw materials
The money lost as a business increases the levels of production
The money saved as a business increases their production
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Managerial
Productivity
Financial
Technical
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Things that a business can control
Things that a business can sometimes control
Things that a business cannot control
Things that a business can never control
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What can be made from these waste materials
How they are disposed
How much money you can make from them
How they can be reused by another business to make money
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The cost of raw materials increases
The cost of transportation increases
The cost of raw materials decreases
The cost of transportation decreases
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1
2
3
4
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Cost of raw materials
Agglomeration
External Capacity
Improved infrastructure
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Technical
Supervisors
Managerial
Welfare
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