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Minimum efficient scale and market concentration | APⓇ Microeconomics | Khan Academy

13,095 views

Khan Academy

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

98%
  • 6:02 / 6:07

Speech Rate:

  • 172 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

because

/bēˈkəz/

conjunction

For a reason.

another

/əˈnəT͟Hər/

adjective determiner pronoun

One more, but not this. One more added. additional person or thing of same type.

efficient

/əˈfiSHənt/

adjective

Able to produce results without waste.

getting

/ɡet/

verb

To currently have.

smallest

/smôl/

adjective

of size that is less than normal or usual.

impacts
noun other verb

action of one object striking another. Very strong influences. To hit or strike someone or something with force.

declining

/dəˈklīniNG/

adjective verb

becoming smaller, fewer, or less. To lessen in quality or value.

minimum

/ˈminəməm/

adjective noun

smallest or lowest. least or smallest amount or quantity possible or required.

abbreviated

/əˈbrēvēˌādəd/

adjective verb

shortened. To shorten a word or phrase by leaving out letters.

sometimes

/ˈsəmˌtīmz/

adverb

Only at certain times; occasionally.

thinking

/ˈTHiNGkiNG/

adjective noun verb

using thought or rational judgement. process of considering or reasoning about something. To have an idea, opinion or belief about something.

concept

/ˈkänˌsept/

noun

Abstract idea of something or how it works.

average

/ˈav(ə)rij/

adjective noun verb

Typical or normal; usual; ordinary. Total of numbers divided by the number of items. To add numbers then divide by the number of items.

economies

/əˈkänəmē/

noun other

state of area regarding production and consumption of goods and services. Total of all goods, services and wages in an area.

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