Economics B A-Level
Start-up costs
What Start-up costs means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Start-up costs
Check what you remember
Read the wording for your board, then hide it and explain Start-up costs in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Costs such as purchasing expensive capital equipment that deter firms lacking finance from entering a market.
Topics that use Start-up costs
- Barriers to entry (Pearson Edexcel A-Level)
Related terms
- Barriers to entry
- Competitive advantage
- Economies of scale
- Market structure
- Monopoly power
- Perfectly contestable market
- Contestability
- Intellectual property rights
Using Start-up costs in the exam
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