Teaching PowerPoints

3.3.3 External Economies of Scale (Edexcel A-Level Economics Teaching PowerPoint)

Level:
A-Level
Board:
Edexcel

Last updated 1 Sept 2023

This editable, downloaded powerpoint covers external economies of scale

External economies of scale occur when the cost advantages of producing a good or service extend beyond an individual firm and benefit multiple firms within a specific industry or geographical area.

External economies of scale provide cost advantages to all firms within an industry or sector, not just to a single firm.

Often, external economies of scale are observed in clusters where businesses in the same industry are in proximity

Download this PowerPoint

Sign in to download

or create a free account

You might also like

Returns to Scale in Long Run Production

Topic Videos

External Economies of Scale

Topic Videos

Uber rival to road test driverless vehicles

7th May 2016

Economies of Scale - How 1.6 Million Tonnes Of Paper A Year Are Made

8th July 2021

Economies of Scale in Beer Production

Study Notes

Using Economies of Scale in Exam Analysis

26th February 2023

4.1.4.3 Law of diminishing returns and returns to scale (AQA Economics)

Study Notes

Royal Mail losing market share in the contestable parcels industry

29th December 2023

Related products

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.

Back to top