Economies of Scale

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Across
  1. 2. Benefit of advertising costs being spread across a business
  2. 3. the average unit cost of production actually increases as the level of output increases.
  3. 6. cost advantages gained by the growth of a business
  4. 8. the internal predetermined rules and regulations that a business has to follow
  5. 10. The benefit where a business is able to negotiate better interest rates
  6. 11. benefits gained by a firm due to changes within the industry they operate.
  7. 12. the purchase of large quantities of a particular product or products, typically at a discount.
Down
  1. 1. arise from the growth of the business itself.
  2. 4. facilities that support everyday business activity (type of external economy of scale)
  3. 5. benefit of larger firms being able to afford employing specialist managers for different functions within a business.
  4. 7. Benefit where large businesses have the capital to invest in new machinery and technology which can benefit them with cost advantages
  5. 9. firms that supply and provide materials/services to larger firms