Cutting Edge is a gardening firm that started trading three years ago. It often turned down work because it did not have a saw powerful enough to cut through larger trees. Once the firm expanded, Cutting Edge was able to justify buying a bigger saw. (i) With reference to the data above and your knowledge of economics, analyse how Cutting Edge benefitted from technical economies of scale. (6)

Economics
IGCSE&ALevel
EDEXCEL
Exam No:4EC1_01_que_20211109 Year:2021 Question No:1(i)

Answer:



Knowledge points:

8.Productivity and division of labour

Solution:

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