Understanding Minimum Efficient Scale - A Level and IB Economics

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In this revision video we cover the concept of minimum efficient scale and consider why the estimated MES is likely to vary industry by industry. We then work through some evaluation points on the significance of minimum efficient scale using some topical examples.

#aqaeconomics #ibeconomics #edexceleconomics
  1. tutor2u
  2. economies of scale
  3. minimum efficient scale
  4. long run cost
  5. Aldi
  6. Netflix
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Комментарии
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Can large firms be described as having multiple supply curves and can it be said that the MES is at the bottom of the point where those curves intersect?

LossztYT
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When will the A level business content be out?

shaz
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What will happen if the Minimum Efficient Scale is rising?

angeliem.aringo
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Great video. Any chance you could do a video on Paper 1 and how to structure answers for each q? (AQA)

ishaqrahman