Economies of Scale: Definition, Benefits & Examples


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What is the best explanation of economies of scale?

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1. Which type of business can take advantages of economies of scale?

2. Which one of the following groups do economies of scale not help?

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About This Quiz & Worksheet

This quiz and corresponding worksheet can help you quickly gauge your knowledge of economies of scale. You will be quizzed on the benefits of these scales and the properties they possess.

Quiz & Worksheet Goals

Use these assessment tools to review the following:

  • Properties of economies of scale
  • Groups that economies of scale don't help
  • Benefits of economies of scale

Skills Practiced

This quiz/worksheet combo can help you practice the following skills:

  • Making connections - use understanding of the concept on economies of scale
  • Information recall - access the knowledge you have gained regarding illustrations of economies of scale
  • Reading comprehension - ensure that you draw the most important information from the related economic lesson

Additional Learning

To learn more about economies of scale, review the corresponding lesson Economies of Scale: Definition, Benefits & Examples. This lesson will help you:

  • Learn the benefits of economies of scale
  • Find examples of economies of scale
  • Identify ways small businesses are affected by economies of scale