Economics B A-Level
Flexibility
What Flexibility means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Flexibility
Check what you remember
Read the wording for your board, then hide it and explain Flexibility in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Spare capacity provides the flexibility to meet unexpected increases in demand without delay.
Topics that use Flexibility
- Capacity utilisation (Pearson Edexcel A-Level)
Related terms
- Cost management
- Efficiency
- Expanding capacity
- Full capacity
- Quality control
- Rationalisation
- Subcontracting
- Spare capacity
Using Flexibility in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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