Economies of Scale

Synopsis

Links economic theory with real business activity. In three parts: 1) Recent changes from small scale to large and reasons for changes. 2) Large scale leads to efficiency. Input-output disagram. Small-scale producers still flourish. Change of scale in food retailing. Price and cost comparison between dairy and supermarket. 3) Large-scale factory production (jam factory). Types of internal economies of scale. External economies of scale. Summary.

Series

Real World Economics, Series

Language

English

Country

New Zealand

Medium

Video; Videocassette. VHS. col. 15 min.

Year of production

1993

Availability

Sale; 1996 sale: £29.50 (+VAT +p&p)

Uses

Secondary/adult.

Subjects

Economics

Keywords

economic relationships; goods and services

Production Company

Name

New Zealand

Distributor

Name

Viewtech Educational Media

Notes

NB. Viewtech ceased trading in 2014 and the company’s products are no longer in distribution