Summary
Textbooks may be used to enable students to research the topic. 4 Using this input, and through their own research, students should then be able to complete the second column of the handout by explaining which type of economy of scale is being demonstrated for each of the reasons for the cost reduction. 5 Divide the class into six groups and allocate each group one type of economy of scale and one business.
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Extract
Harvey's Hot Water Bottles
This lesson will give help students develop an understanding of economies of scale. By the end of the lesson studen...
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