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economist

PETER VICARY

Oleh, a sole trader, owns a grocery shop which is in trouble because of a supermarket which has just opened.  The supermarket benefits from economies of scale.  


Select and explain (in detail) how four of these economies will benefit the supermarketowns a grocery shop.

Usin' the kno-how! on supermarket economies of scale

economies & diseconomies of scale

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Year 13 monopsony

By PJV Economics & Business

This should help you develop your understanding of the Unit 3 Economics topic on oligopoly