Economies of scale

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Across
  1. 5. businesses in the same industry cooperate with each other for gain
  2. 6. average unit cost increases due to growth of business
  3. 9. business has more money and assets and therefore can borrow more money
  4. 10. benefits gained by a business from changes within the industry
  5. 11. company pays less for things when buying in bulk
Down
  1. 1. benefits gained from growth of business
  2. 2. facilities are built such as transportation, roads, buildings
  3. 3. concentration of workers with skills and work experience required by the industry
  4. 4. business can pay for and attract the best employees and can afford to have specialist managers
  5. 7. larger firms can sell a wider range of products
  6. 8. money spent on advertising has a greater benefit for the business as it grows