growth 5.0 / 5 based on 1 rating ? Business StudiesEconomic growthA2/A-levelEdexcel Created by: ellaouissabCreated on: 11-04-17 12:20 when businesses join together to form one integration 1 of 7 occurs when a business tries to fund a large volume of new business without sufficient resources overtrading 2 of 7 rising long-run average costs as a business expands beyond its minimum efficient scale diseconomies of scale 3 of 7 where 2 or more businesses join together and operate as one merger 4 of 7 where unit costs start to increase and diseconomies of scale start diminishing returns 5 of 7 the output that minimises long-run average costs minimum efficient scale 6 of 7 when business gets bigger so gets better economies of scale principle of increased dimension 7 of 7
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