A2/IB 6) Economies and Diseconomies of Scale - An understanding of the different types of economies of scale and diseconomies of scal a firm can experience in the long run with evaluation
These videos are great. They have helped me a lot. Just going to throw something out there; maybe questions linked to the topic covered in each video? just an idea. Appreciate your work. - Menelik
Hi Dal, Thank you so much for your videos! very comprehensive and love that they're numbered according to our syllabus. Please do continue to post! all the best
THANK YOU SOOO MUCH i was struggling in economies and diseconomies of scale .. thank God i found this video otherwise i was totally gonna screw up my eco exam tomorrow 😅
Can a firm be simultaneously suffering some types of diseconomies and some types of economies? And the effect on the LRAC depends on which is more dominant?
Hi, you're videos are extremely helpful. However, I was a bit confused by one of your evaluation points about firms who have very high fixed costs, not enciphering diseconomies of scale except at exceptionally high levels of output. However, economies of scale only operate in the long run, and I thought in the long run all costs are variable costs? Thanks