"Bigger is better.... Small is beautiful ..... Size does not matter."
Explain how a firm can experience dimisnishing returns in the short run and economies of scale in the long run
(15 marks)
Discuss whether large firms in the UK today are necessarily more efficent than small firms
(25 marks)
supporting students studying Econ 3 and Econ 4 of the AQA Economics (2140) specification for examination in 2014.
Monday, 16 September 2013
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