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Growth and Economies of Scale

Edexcel 9EB0T2-1aA-levelLesson packSubscription
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About this resource

Edexcel Economics B (9EB0) Theme 2, Unit T2-1 'The wider economic environment' (spec ref 2.1.1) — why businesses grow, internal economies of scale (technical, purchasing, managerial, financial, marketing, risk-bearing), external economies of scale, the long-run average cost (LRAC) curve and minim…

18 slides.

Lesson outline

  1. Do Now — Retrieval
  2. Why Do Businesses Want to Grow?
  3. Hinge Check — Growth and Costs
  4. Internal Economies of Scale — Six Types
  5. Hinge Check — Which Type of Economy?
  6. The LRAC Curve — Economies, MES and Diseconomies
  7. Hinge Check — Reading the LRAC Curve
  8. External Economies of Scale
  9. Hinge Check — Internal or External?
  10. Diseconomies of Scale and Corporate Culture
  11. Hinge Check — Why Do Diseconomies Happen?
  12. Guided Practice — Classify It Together
Unit bundleTheme 2 · The wider economic environment
Part of: Theme 2 · The wider economic environment: the whole unitEvery resource in the unit in one zip.

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