Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching Sunk Costs Explained I A Level and IB Economics. and this video is uploaded by tutor2u at 2016-04-14T01:43:39-07:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [OMatLJpj4wk]
| Name | Sunk Costs Explained I A Level and IB Economics |
| Video Uploader | Video From tutor2u |
| Upload Date | This Video Uploaded At 14-04-2016 08:43:39 |
| Video Discription | In this short revision video, Geoff Riley looks at the idea of sunk costs - costs that cannot be recovered if a business chooses to leave a market. When sunk costs are high, a market will be less contestable but when sunk costs are insignificant, we are likely to see more firms competing because the barriers to entry are reduced. #aqaeconomics #ibeconomics #edexceleconomics [OMatLJpj4wk] |
| Category | Education |
| Tags | sunk costs | barriers to entry | microeconomics | economics revision | a level economics | a level economics revision | microeconomics revision | aqa economics | edexcel economics | ocr economics | ib economics | jason welker | econplusdal | pajholden | tutor2u | geoff riley | business costs |
