Economics GCSE
Internal economies of scale
What Internal economies of scale means in Economics GCSE, as defined for AQA.
Definition of Internal economies of scale
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Reference: AQA
Cost benefits that arise from the growth of the firm itself, including purchasing, technical, managerial, financial, marketing and risk-bearing types.
Topics that use Internal economies of scale
- Economies of scale (AQA GCSE)
Related terms
- Communication problems
- Competitive advantage
- Coordination and control issues
- Economies of scale
- External economies of scale
- Fixed costs
- Purchasing economies
- Average costs
Using Internal economies of scale in the exam
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