Business GCSE
Economies of Scale
What Economies of Scale means in Business GCSE, as defined for OCR.
Definition of Economies of Scale
The reduction in average unit cost as a business increases its scale of production or purchasing.
Topics that use Economies of Scale
- Working with suppliers (OCR GCSE)
Related terms
Using Economies of Scale in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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