Scale of production where internal economies of scale have been fully exploited. Corresponds to the lowest point on the long run average cost curve.

Teaching & learning products

Edexcel A2 Economics Worked Answers (2014)

Example A Grade answers to the Edexcel Unit 3 and Unit 4 exam papers sat in June 2014


AQA AS Economics Worked Answers (2014)

Exemplar A Grade answers to the AQA ECON1 and ECON2 exam papers in summer 2014